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LIFESTYLE CREEP
Earn more, save more: Follow these 7 simple rules for rent, cars and investing
A Rs 10,000 SIP can turn into lakhs. CA shares a simple financial fix that can add Rs 10 lakh to your wealthChartered Accountant Nitin Kaushik warns against 'lifestyle creep,' where salary hikes are absorbed by increased spending, hindering wealth...
The billionaire shakedown: How India changed its 'default' settingsIndia's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...
Spending Rs 10,000 extra today could cost you Rs 24 lakh later. CA warns against 50-30-20 financial ruleHigher salaries can lead to increased spending, hindering wealth creation. Chartered Accountant Nitin Kaushik explains the 50/30/20 budgeti...
Rs 10 LPA to Rs 20 LPA, but still broke? CA warns about a lifestyle creep quietly draining your moneyProfessionals often feel financially stuck despite salary increases because expenses rise just as quickly as income. This phenomenon, known...
Rs 30 LPA earner can be poorer than Rs 10 LPA one: CA explains the math of 'high income trap' that eats up your wealthA chartered accountant’s viral thread explains why earning a high salary does not always lead to real wealth. He points out that as income ...
Rs 40,00,00,000 to retire in India? Dezerv's co-founder's statement leaves internet shocked, netizens call it 'mind boggling'A wealth management co-founder's assertion that Indians need ₹40 crore to retire at 60 if their expenses are up to Rs 2 lakh has sparked de...
Tuesday Motivation by Canadian author Robin Sharma: 'Change is hardest at the beginning, messiest in the middle and...'Robin Sharma's quote, "Change is hardest at the beginning, messiest in the middle and best at the end," encapsulates the challenging yet re...
Boosting Rs 1.8 cr retirement corpus to Rs 9.1 cr: How your 8% salary hike can easily increase your SIP by 20%Boosting SIP investments beyond salary hikes can significantly amplify wealth creation. Increasing SIPs by 20% annually, compared to a flat...
Bengaluru CA quit Rs 28 LPA job: She warns of the ‘comfort trap’ 98% from starting upBengaluru professional Meenal Goel realized comfort, not fear, was hindering entrepreneurial dreams. Many professionals postpone their ambi...
You're earning more than ever — so why is your bank balance the same at the end of every month? 8 ways to fix it
Is your salary hike vanishing with no trace? How smart use of PF, NPS and SIPs can stop lifestyle creep
5 wealth-building money lessons CA says people learn too late in their livesA Chartered Accountant has outlined five key money lessons that many people realise only after years of chasing higher salaries and struggl...
Not your salary but these money mistakes quietly destroy wealth, warns CA. 4 lessons most learn too lateFinancial stress often persists despite rising salaries because wealth is lost through small delays and habits, not just big failures. CA N...
High salary trap: Why big earners still feel broke & how to break free
'You don't need to earn more to save more', says CA as he advises one simple rule to change your money gameFinancial expert Abhishek Walia argues that managing money habits, not just income, dictates financial security. He highlights how lifestyl...
Earning Rs 25 lakh but no savings and broke before month-end? CA decodes the money traps you should watch out forMany high-earning professionals, making Rs 20-30 lakh annually, find themselves broke by the end of the month due to unnoticed expenses and...
All you need to know about lifestyle inflation, how it impacts youIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 6...
Falling into debt trap is easy if we forget to save, invest as we earn more: How to keep lifestyle creep at bayWe get used to better things in life and slowly begin to expect them as a routine. Or we feel entitled to what we thought had been denied u...
Lifestyle creep sets in slowly, is hard to discard: 8-point checklist to keep a check on your spendingLifestyle creep is a silent killer when we let optional, discretionary, and avoidable expenses to become compulsory, mandatory and unavoida...