zeropay image2

Top Personal Finance Trends to Watch for in 2022

The 21st century will always be marked by ‘The Fintech Revolution’ as it brought about a new wave of change in the banking sector, financial markets, and most significantly, in the personal finance industry.

At the dawn of the pandemic, the fintech industries touched new heights as financial digitization saw a whopping growth of 104% in 2021. One of the many advantages of booming fintech industries is the rise of finance apps that came in handy when people started recovering from the impact of the pandemic.

Managing money hasn’t been easier ever since we have dropped the practice of balancing our passbooks. Since we are not able to track our expenses very often, it has led to overspending at times and not being able to save anything for the future.

Financial planning has gained new importance in the last few years, especially for the Millenials. According to a study, Millennials show a lot of interest in financial independence, investing, and retiring early. However, due to wrong information on the internet, they end up losing all their money.

It’s time to cut out all misinformation around ‘how to manage your finances in 2022’. Here are 3 personal finance trends to watch for in 2022:

Rise of BNPL Apps


The Buy Now Pay Later industry is set to witness massive success in the Indian market. It provides people with the comfort of buying their favorite things when they don’t have money.

The popularity of Buy Now Pay Later apps like Zeropay has seen a straight hike as millions of people loved the idea of shopping now and paying in installments later, with zero-late fees and zero interest rates.

Moreover, the “seamless integration” feature of BNPL apps has made it even easier for merchants to offer shop now pay later at their stores.

The Buy Now Pay Later industry has posed a threat to the credit card industry, where it seems to be winning the battle at the moment. Some of the reasons people prefer BNPL over credit cards are convenience, no interest rate, and instant approval.

Investing in Cryptocurrency



Investing in crypto is all the rage nowadays. We’re sure you must have heard the names of these popular cryptocurrencies like Bitcoin, Ethereum, and Dogecoin.

Cryptocurrencies are digital assets or tokens that are essentially impossible to counterfeit as they are based on the blockchain model.

Here are some things that you should know about cryptocurrencies before investing:

  • Cryptos are digital assets or tokens
  • Cryptocurrency allows people to make payments online without the involvement of banks or the government
  • Transactions made in crypto are recorded on the blockchain that can be seen by everyone

Millennials and early investors are especially drawn towards this way of investing as the chances of earning profits in a short time are quite high.

The volatility rate of cryptocurrency is very high. The crypto market works on conjecture. Hence investing huge amounts is not recommended if you are just starting off your investing journey.

Additionally, The Indian Government has recently legitimized cryptocurrency by announcing a 30% tax on all gains earned over digital assets. Hence, the uncertainty over crypto’s future in India is officially cleared.

Investing in NFTs



The personal finance industry trends of 2022 are dominated by the storm that NFTs brought with them. NFTs or Non- Fungible Tokens are one-of-a-kind digital assets like pictures, videos, tweets, phrases, music, games, etc., that are bought and sold online with cryptocurrencies.

A few of the most popular NFT projects are CryptoPunks, Bored Ape Yacht Club, Azuki, Cool Cats, etc. Some famous personalities who own NFTs are Snoop Dog, Justin Bieber, Jimmy Fallon, Eminem, Ellen DeGeneres, and Shawn Mendes.

Most NFTs exist on the Ethereum blockchain which means these tokens are being bought and sold in terms of Ethereum. Buying and storing NFTs is like collecting art whose value only increases over time.

The NFT market is new, and hence the risk factor is high. Since the profits on NFTs largely depend on subjective factor-like creativity and trends, the volatility of this type of investment is also high. However, investing in one of the top NFTs may result in tremendous financial growth.

Investing in private equity


Private equity investments have been one of the most unexplored sectors of investing. Private equity is a kind of investment that is done on small or medium privately owned businesses that may not be doing well in the market, but certainly has the potential to grow 10X if given the necessary funding. Investing in private equity has a record of giving high returns.

These types of investments are usually carried out by mature investors who have been in the investing game for a long period of time. In the year 2022, investments in private equity are set to grow exponentially.


Sources of creating wealth in 2022 and in the future will be changing as the internet economy gets a hold on the masses. We’re almost halfway there. However, there is still some uncertainty in people’s minds as they try adjusting to The New Normal.

With the forthcoming new technologies like blockchain, the face of financial assets has started to change this year.

Frequently Asked Questions (FAQs)

What is personal finance?

Personal Finance is a money management technique practiced by an individual or household that comprises planning, budgeting, saving, investing, and spending funds.

What are the top 5 most popular personal finance apps in the app store?

  1. Zeropay – Buy Now Pay Later App
  2. Moneycontrol – specializes in news and advice on investing
  3. Money View – Expense Manager App
  4. Goodbudget – specializes in budgeting
  5. Tickertape – Investment analysis platform

How to manage finances?

  • A systematic approach to expenditure
  • Tracking savings and expenses every month
  • Conscious saving

Check out How youngsters can Manage Finances with Zeropay

What is buy now pay later?

Buy Now Pay Later is a one click credit system that allows consumers to shop instantly and pay in installments over a period of time, usually with 0% interest and no late fees.

How is cryptocurrency price determined?

Cryptocurrencies work on the demand-supply model. If the demand is high for a crypto which is limited in supply, the price will increase. Similarly, if the demand for a crypto is less and the supply is high, the price will drop.

Do you pay taxes on crypto in India?

Yes, as of February 2022, 30% tax is liable on all profits earned through digital assets like cryptocurrency and NFTs.

What are the best NFT (non-fungible token) marketplaces?

Currently, is the largest platform to buy, sell and trade NFTs.

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

Related Posts

Please fill out the form below and one of our partner solution experts will be in touch with you in the near future.