<ul data-eligibleForWebStory="true"><li>CRED founder Kunal Shah highlighted Indians' tendency to waste money to save small amounts, emphasizing a lack of understanding of time value.</li><li>Shah noted the disparity in how Indians and Americans perceive the value of time, with Indians often making poor time-related decisions.</li><li>He mentioned the importance of time value for money, stating that many Indians do not grasp this concept effectively.</li><li>Kunal Shah, an entrepreneur and angel investor involved with FreeCharge and CRED, commented on workforce participation issues in India, emphasizing the economic and social impact.</li></ul>

“In India, people making ₹10,000 an hour will spend an hour to save ₹500 on a flight," says CRED's Kunal Shah

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