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Your salary isn't wealth. It's just survival until your money starts earning for you, says CA
CA Nitin Kaushik says a salary alone does not create wealth. In a post on X, he explained that spending most of your income on lifestyle expenses keeps you on a financial treadmill. According to him, true financial independence comes when income from assets covers your living costs. He warned against lifestyle inflation, urging people to invest in cash-generating assets instead of funding someone else's balance sheet.
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economictimes.indiatimes.com
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Most people don't fail to build wealth because they earn less, says CA. Here's what holds them back
CA Nitin Kaushik says most people fail to build wealth not because they earn less, but because they rely on motivation instead of systems. He explained that human psychology often…
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Rs 4 crore annual income, Rs 40 crore net worth. This client still lives in a rented home, says CA
CA Nitin Kaushik shared the example of a client earning Rs 3.5-4 crore annually with an estimated Rs 40 crore net worth who still lives in a rented bungalow, drives a Volkswagen…
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Your salary isn't wealth. It's just survival until your money starts earning for you, says CA
CA Nitin Kaushik says a salary alone does not create wealth. In a post on X, he explained that spending most of your income on lifestyle expenses keeps you on a financial…