The Economic Times

Cars are waste of money? Techie with Rs 1.2 lakh monthly salary warned by parents against buying first car. 'Can delay life goals'

A 28-year-old tech professional earning around Rs 1.2 lakh per month has sparked an online discussion after sharing his dilemma about buying a car. Despite having saved nearly Rs 20 lakh and planning a manageable EMI for a Rs 1012 lakh vehicle, his parents strongly oppose the idea, calling cars a waste of money that could delay his life goals.