Earning Rs 30 LPA does not mean you have 'made it to elite club': CA warns and shares the real-world math

A Rs 30 lakh annual salary is a significant achievement for many professionals. However, this income does not automatically ensure financial independence or security. High earners often face substantial expenses which significantly reduce savings potential. Building assets is crucial for converting active income into lasting wealth. Financial stability requires savings and preparation for unexpected challenges.

Raccontata daeconomictimes.indiatimes.com