The Economic Times

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 leads to inertia and impulsive spending. Kaushik suggests automating investments and using financial tools with withdrawal restrictions to reduce dependence on willpower. According to him, the right financial architecture can turn consistency into a long-term wealth-building advantage.