When Maitri Buch, 32, and Akash Mahali, 33, got married in December 2019, the first collective decision they took was to hire a financial advisor. Despite having well-paying jobs, both Buch and Mahali were barely saving 5% of their total income every month.
“Before marriage, for both of us, spending would take precedence over other things and we just weren’t able to plan our finances properly. We exhausted whatever savings we had on our wedding and that’s when we decided we didn’t want to continue the same pattern now that we were starting a life together," said Buch, who works in the information technology (IT) industry.