Archive · 21 Nov 2025
Why the Rich Love Debt: Anil Lamba's Insights
Money expert Anil Lamba explains why rich people use debt to grow their wealth, while others avoid it.
He says understanding real interest (after inflation) and using debt smartly is key.
He also warns about India's current low savings rates and the importance of financial literacy for everyone.
Rich use debt strategically, while middle class fears it
Real interest (inflation-adjusted) determines purchasing power
India's current low FD returns lead to negative real returns
Debt can be a catalyst for growth if used wisely
Business exists primarily for the owner, not all stakeholders
- Who
- Anil Lamba, chartered accountant and financial literacy advocate
- What
- Discussed money management, debt, inflation, and business strategies
- When
- During a conversation on Sharan Hedge’s 1% Club show
- Where
- Not specified
- Why
- To educate people about money and debunk common myths
Fear of Debt
Strategic Use of Debt
Debt Perception
Fear of Debt
Viewed as bad and to be avoided
Strategic Use of Debt
Can be a tool for growth if used strategically
- Books by Anil Lamba
- Romancing the Balance Sheet, Start Early, Finish Rich
- Current Indian FD return
- 5% post-tax
- Current Indian inflation rate
- Nearly 10%