The Economic Times

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 Virtus and prioritises travel over luxury purchases. Kaushik said such discipline and delayed gratification build generational wealth. In a separate post, he advised against leaving money idle in savings accounts, urging people to invest surplus funds in productive, compounding assets.