The title of this posting was the headline of an article in an Indian publication. Indians have a reputation for being frugal or thrifty …. though some would describe them as being cheap. Perhaps some of the explanation is because of the absence of any social safety net in India which causes people to feel the need to save and invest money for the proverbial rainy day. I know my father was quite disapproving of my more profligate days when I was single and a lot younger when saving money was a low priority. He, on the other hand, graduated from college about the time of the Great Depression and…