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LIFESTYLE INFLATION TRAP
ETMarkets PMS Talk | Dinshaw Irani of Helios India stays away from IT, doubles down on domestic consumption amid AI disruptionHelios India is steering clear of IT stocks, citing AI's disruptive potential, and instead champions India's domestic consumption. The firm...- Is Rs 1 crore really enough for retirement? CA calls it a ‘retirement trap’?A Rs 1 crore retirement corpus is a 'trap', not a milestone, warns Chartered Accountant Nitin Kaushik. With 6% inflation, its purchasing po...
- CA believes your monthly salary is one of the least important money numbers. Here's whyEarning a large salary does not automatically mean wealth. Chartered Accountant Nitin Kaushik explains that focusing on income alone is mis...
- IIM alum quits 60 LPA job to escape rat race, felt free initially, now says he’s “trapped inside his own thoughts”A mid-30s professional shares his experience after quitting a lucrative corporate career without a backup. Initially enjoying newfound free...
- Bigger paycheck, but same financial anxiety? CA explains the 'comfortable poverty' trapHigh earners often face 'comfortable poverty' despite salary hikes, as lifestyle inflation erodes financial security. Chartered accountant ...
- From Rs 5 lakh to Rs 25 lakh salary, still broke? CA warns about a dangerous money habit that can destroy your financesA chartered accountant warns that rising salaries can lead to financial stress if spending increases at the same pace. Many professionals u...
- Luxury schools, big EMIs, premium vacations: CA warns why not low income but expensive expectations is a financial riskUrban Indian professionals face a new financial risk. High salaries no longer guarantee peace of mind. Rising lifestyle expectations trap m...
- Income rising but savings shrinking? CA explains the ‘middle class trap’ hurting salaried workers but they don't even knowA LinkedIn post by Bengaluru-based CA Meenal Goel has sparked discussion online after she described how many salary hikes today barely keep...
- Why Rs 40 LPA earners don’t feel richer than Rs 20 LPA earners. CA explains the hidden reasonHigh salaries do not always bring financial peace. Chartered Accountant Nitin Kaushik explains how lifestyle inflation traps urban professi...
- Rs 1 crore is not enough for retirement? CA explains why Indian middle class needs more money to retireA chartered accountant's assertion that Rs 1 crore is no longer sufficient for a middle-class retirement in India's Tier 1 cities has spark...
- Waiting for higher salary to start saving? CA calls out the biggest money lie middle class Indians believeMany middle-class Indians delay saving, believing higher salaries will naturally lead to financial discipline. However, chartered accountan...
- Robert Kiyosaki asks: Why are outdated money habits still trapping hardworking professionals despite rising salaries? The viral Rich Dad Poor Dad wealth lesson reshaping financial freedom globallyMore than 62% of working professionals now live paycheck to paycheck despite rising salaries and better jobs. That growing financial pressu...
- Your income grows, but EMI remains same. CA shares a blunt warning for home loan borrowersMany Indians take home loans and keep their monthly payments the same for decades. As salaries increase, this comfortable approach benefits...
- ‘My salary was not making me rich’: Bengaluru CA shares powerful lesson on why earning more is not enoughProfessionals often mistake salary hikes for financial progress. Meenal Goyal, a Bengaluru CA, shares her experience. She learned that incr...
- 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 ...
- Can you fulfil your study abroad dream without going broke? Here are 7 ways to minimise costsStudying abroad involves more than just academic merit; it's a significant financial investment. Indian students often underestimate hidden...
- Rs 1.2 lakh monthly salary, but on 1st of each month Rs 1.05 lakh already gone. Bengaluru CA explains how the tackle the problemEarning a substantial salary does not necessarily ensure lasting financial stability. Chartered accountant Meena Goel drew attention to thi...
- Most entrepreneurial dreams die because of one 'trap': Bengaluru CA shares how to identify the right time start a businessMost employees dream of starting their own business, but 98% never take the leap. Bengaluru CA Meenal Goel says the real reason isn’t lack ...
- 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...
- IIM investment advisor has a 'painful advice' to Bengaluru techies: Take 30% pay cut, leave metros and live a content lifeA Bengaluru techie earning Rs 1.5 lakh per month shared his struggles on Reddit. Despite a substantial income, his savings are eroded by hi...
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