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The Economic Times

Economy / The Economic Times

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Rs 1 lakh salary, Rs 20k left in 10 days? CA warns of the silent salary trap

Many urban professionals earn high salaries but struggle with savings. A chartered accountant highlights a silent salary trap. Fixed expenses like rent and EMIs consume most income early in the month. Increased salaries often lead to upgraded living costs, not more savings. This creates a false sense of financial progress.

17 Apr 2026 10:55 am