why most of the south asians and indians are stingy?

Answer 1

Because most of the south asians and Indians you know are probably in the U.S.? Right? So they just are smart shoppers like most people need to learn to be....But you said stingy...hmmm? I do not think they are stingy...in fact most are just stingy with themselves not with others. Most south asians feel inwardly insulted if you give them a gift or something because they then feel as if they now "owe" you something back (my experience anyway). I have seen them also shower a person with gifts or money and I wonder why and it almost seems as if they are trying to assert their "better life" or show that they are more prosperous...but then again thats a little paranoid on my part, I suppose.

Answer 2

Extremely stingy without shame, well those that I knew. We all worked at the same place and had roughly same income. If there was indian splitting the beer bill, you would always hear whineing and looking forward to someone inviting to pay for them. At the same time, I found indians quit entartaining to have a chat with. I'm talking about 1st generation emigrants.

Answer 3

It depends on which generation you are refering to. Most of South Asians and Indians are not well off. They have to work extra hard to earn a living. Plus their currency is much smaller compared to US Dollar, British Pound or Euro. The word you might be looking for is 'thrifty' instead of 'stingy'.

The younger generation are generally more spendtrift. They did not go thru the hard life and money comes to them easily.

Answer 4

You must make a difference between stingy and economy.According to Islamic teaching,Mohammad prophet wanted all of his followers to be ecomical,because Allah hates to be luxurious or spending our money excessively.But Allah Almigh
ty also hates someone who are too stingy.I think most of the south Asians and Indians are not stingy but they want to live economical.Besides that they know that to earn a living is very hard so they must live economically.Most of them are belong to not reach people.According to Hindu religion in India,there are many religion's events that should be financed by all of them which are needed much money.

Answer 5

South Asians aren't stingy. They are very caring people who always give free food to shelters around DC. Btw, South Asian guys are so hot.

Answer 6

It is a proven fact that these guys are the most intelligent race on the planet,so they are not tight but more allert to throwing away money to artificial stimuli etc.

Answer 7

They are about saving money, so they can pay the way for the rest of their relatives to come here too.

Answer 8

Well because west stole almost all the money it could from us.

Industrial revolution of west was financed by money looted from India.

Not only India financed England's industrial revolution but also that of American growth and economic prosperity. For about hundred years in 19th century US levied stiff tariffs on any goods imported from Britain. Usually this calls for reciprocal measures. But Britain did not care since it had the empire to absorb the iniquity. And Americans thus enjoyed advantage in trade with Britain. India thus financed American economy as well.

"British historian William Digby ('Prosperous' British India) agrees , the Industrial Revolution would not have taken place had it not been for the 'venture capital' provided by loot from Bengal. Note the amazing coincidence: the Battle of Plassey, 1757. The spinning jenny, 1764; the water frame, 1769; the steam engine, 1785. Money chased innovations -- and the innovations appeared."

And another Englishman wrote: “We have done everything possible to impoverish still further the miserable beings subject to the cruel selfishness of English commerce…..Under the pretense of free trade, England has compelled the Hindus to receive the products of the steam-looms of Lancashire, Yorkshire, Glasgow etc…while the hand-wrought manufactures of Bengal and Bihar, beautiful in fabric and durable in wear, have heavy and almost prohibitive duties imposed on their importation into England.”

The result was that Manchester and Paisley flourished, and Indian industries declined; a country well on the way to prosperity was forcibly arrested in development, and compelled to be only a rural hinterland for industrial England. The mineral wealth abounding in India was not explored, for no competition with England was allowed.

“India, “ says Hans Kohn author of A History of Nationalism in the East “was transformed into a purely agricultural country, and her people lived perpetually on the verge of starvation.”

Commerce on the sea is monopolized by the British even more than transport on land. The Hindus are not permitted to organize a merchant marine of their own. All Indian goods must be carried in British bottoms, an additional strain on the starving nation’s purse, and the building of ships, which once gave employment to thousands of Hindus is prohibited.

As early as 1783 Edmund Burke predicted that the annual drain of Indian resources to England without equivalent return would eventually destroy India.

From Plassey to Waterloo, fifty seven years, the drain of India’s wealth to England is computed by Brooks Adams at two-and-a-half to five billion dollars. He adds, what Macaulay suggested long ago, that it was this stolen wealth from India which supplied England with free capital for the development of mechanical inventions, and so made possible the Industrial Revolution.

"Two of the stark statistics that reveal the colonial plunder and neglect are: At the end of British colonial rule, life expectancy in India was 27 years and literacy 8 percent; after fifty years of independence, life expectancy is 62 years, and literacy 52 percent."

Anglophilic apologists, take note: British colonial rule in India was the organized banditry that financed England's Industrial Revolution."

Britain not only took money from India but also technology. According to American Historian Will Durant, India had flourishing ship building industry besides expertise in steel making and textiles. All these came to ruin once Britain took over.

After organised looting of South Asia for hundreds of years , you have some gal calling them stingy.

Answer 9

I want to ask the same question as the user above.

Answer 10

Their forefathers were not as rich as they're now. That haunts them and keeps them stay awake to realities of life.