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SALARY VS SAVINGS WEALTH
Candidate wanted Rs 32,000, but accepted Rs 20,000 job out of desperation and urgency. A month later, he discovered how much his colleagues earnA candidate accepted a low salary due to urgent need but later discovered colleagues earned significantly more for the same work. This reve...
Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deductionSelf-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...
Property vs equity: Which asset class creates more wealth over the long run
NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
Bengaluru engineer earning Rs 80 LPA vs Germany engineer earning Rs 1 crore: Who is actually richer? Internet is dividedA debate is ongoing about what truly defines wealth. Earning a high salary abroad does not automatically mean a richer lifestyle. Income bu...
Quote of the Day by Morgan Housel: 'Spending money to show people how much money you have...'- The Psychology of Money author's classic money lesson on why looking rich can be the fastest way to lose wealthMorgan Housel's quote highlights a key financial truth. Spending to impress others depletes resources needed for true financial security. W...
Wedding bells or career leap? Gurgaon techie weighs ₹13 LPA vs ₹25 LPA Bengaluru offer, see how internet reactedA Gurgaon-based software engineer is seeking advice on a significant career decision: accepting a ₹25 LPA offer in Bengaluru or staying at ...
₹28 LPA in Bengaluru beats $60,000 in the US? Here's why Indian professional is considering moving back homeA young Indian professional, after a year-long job hunt in the US, faces a dilemma: a ₹28 LPA offer in Bengaluru or continuing his career i...
Your SIPs won't save you if you're making these everyday money mistakes, warns CAChartered Accountant Nitin Kaushik argues that many individuals focus on investment returns while overlooking significant financial leaks. ...
Elon Musk’s biggest wealth-creation moment: SpaceX IPO turned 4,400 workers into millionaires overnightElon Musk's startup SpaceX's historic IPO made around 4,400 employees millionaires overnight as they accumulated significant wealth through...
Rs 20k SIP in risky instrument with high return or Rs 27k SIP in less-risky option? The math of investing more vs chasing higher returnsChasing higher returns is a good aim to have. But it’s not as easy as it looks. Having a year or two of above-average returns is easy actua...
Rs 1 lakh salary, Rs 20,000 savings: Is early retirement possible? 22-year-old starts retirement planning from day one of careerA 22-year-old who is about to start a job in Mumbai with a monthly salary of around Rs 1 lakh turned to Reddit for advice on retirement pla...
Bengaluru man reveals why he decided to walk away from corporate world: ‘I don’t want to spend the next decade…’A graphic designer, lacking a degree and passion for his work, left his corporate job after being laid off. Despite financial struggles, he...
The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...
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...
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...
Two people earn Rs 40 lakh a year, but vastly different wealth. CA shares the hidden fact that separates wealthy from othersHigh salaries don't guarantee wealth; financial management is key. CA Nitin Kaushik highlights that individuals earning the same amount can...
'Cash flow is not optional': CA shares real estate lessons that can change how you think about moneyFinancial educator Nitin Kaushik emphasizes that real estate investing's core lessons lie in cash flow, discipline, and risk management, no...
₹36 lakh job offer vs ₹25 lakh salary: Gurugram techie says higher package brings lower take-home, flags Mumbai cost worriesA Gurugram-based tech professional faces a career crossroads. A new job offer in Mumbai promises a higher annual salary but a reduced month...