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While most of us spend our money on essential items, the ultra-rich spend it on other things.
Let's take a look at how India's millionaires and billionaires spend their money.
Source: wealthmanagement.kotak.com
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Apparel/accessories
Apparel/accessories: 52.3 per cent of total expenditure goes on apparel/accessories
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Home decor/electronics
Home decor/electronics: 12.9 per cent of total expenditure goes on home decor/electronics
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Drinks/food/others
Drinks/food/others: 12.6 per cent of total expenditure goes on drinks/food/others
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Luxury watches
Luxury watches: 7.7 per cent of total expenditure goes on luxury watches
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Jewellery/diamonds/precious stones
Jewellery/diamonds/precious stones: 7.3 per cent of total expenditure goes on jewellery/diamonds/precious stones
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Exclusive holiday packs
Exclusive holiday packs: 7.2 per cent of total expenditure goes on exclusive holiday packs
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Home decor/electronics
Home decor/electronics: 74.9 per cent do their home decor/electronics shopping in India itself
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Jewellery/diamonds/precious stones
Jewellery/diamonds/precious stones: 72.7 per cent do their jewellery/diamonds/precious stones shopping in India itself
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Apparel/accessories
Apparel/accessories: 67 per cent do their apparel/accessories shopping in India itself
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Drinks/food/others
Drinks/food/others: 64.4 per cent do their drinks/food/others shopping in India itself
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Exclusive holiday packs
Exclusive holiday packs: 56.1 per cent do their exclusive holiday packs shopping in India itself
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Luxury watches
Luxury watches: 50 per cent do their luxury watches shopping in India itself