Luxury SUV, premium rent, Rs 1.5 lakh EMIs on Rs 1.8 lakh salary: CA warns one missed paycheck could trigger financial crisis

A high salary does not guarantee wealth. CA Nitin Kaushik warns that lifestyle inflation erases financial security. Expenses rise with income, leaving little for emergencies. Consistent saving, not just earning, builds true wealth. Even high earners can face crisis with one missed paycheck. Building assets is crucial for long-term financial strength.

Raccontata daeconomictimes.indiatimes.com