Man earns Rs 40 LPA in tier 1 city yet his monthly savings is just Rs 5,000: ‘You don't feel broke until…’

A post sharing the anecdote of a man who earned Rs 40 lakh per year, but barely had anything to save at the end of each month went viral on X. Taking to the microblogging platform, a tech professional shared how a friend of his earned Rs 40 lakh per annum in a tier 1 city but had barely anything to save each month.

“No kids. Just him and his partner. Recently he said "I don't feel rich at all,” wrote Deep.

Despite having an enviable take-home salary of Rs 2.5 lakh per month, the lion’s share of his salary was spent on rent, groceries, travels, WiFI etc.


“Expenses:
₹95k - Rent
₹25k - Groceries
₹20k - Eating out & subscriptions
₹15k - Utilities & WiFi
₹18k - House help
₹22k - Car + fuel
₹20k - Travel & lifestyle
₹30k - EMIs & insurance
Total: ~2.45L..” he wrote.

His monthly savings were negligent, barely coming up to Rs 5,000.

“ Almost nothing left. You don't feel broke until you do the math..” wrote Deep.

Not many netizens empathised with the post. One pointed out that if the monthly rent was so high, he was living in luxury. “He earns a very good income and is quite rich
He is happily enjoying his hard-earned money and living the kind of life most people only dream of
Paying ₹95,000 in rent means he lives in a luxurious house..” wrote one X user.

Another pointed out that he spends too much money on food and it was an unnecessary wastage of funds. “He eats for 45000 a month? That's monstrous. Gluttony..” read a comment.

Another commented: “If only these number made sense to anyone ?
Groceries - 25 k ? What are they eating gold dust ?
House help - You didn't write how many - Cook, Driver and one more
Kuch bhi likhna hai bas..”

One commenter shared a tip on how to curtail expenses. “Ask him to buy less on emis and loans, reduce travel & lifestyle to minimalist and rent a cab for necessary travel only. That will save him 50K per month, eating in will save him another 15K, renting a smaller 1bhk will save him 50K. So 1.15 lakh savings, round it to 1 lpm…” read the comment.