The Economic Times

Rs 15 lakh vs Rs 30 lakh salary: CA explains who builds more wealth and a common finance mistake most people make

Earning more doesn't automatically mean being richer. A viral post highlights how smart financial decisions, not just high income, build wealth. Saving consistently and investing wisely, even with a lower salary, can lead to significantly greater capital over time compared to high earners who succumb to lifestyle inflation and debt. Time and compounding are key wealth multipliers.