The Economic Times

From Rs 5 lakh to Rs 25 lakh salary, still broke? CA warns about a dangerous money habit that can destroy your finances

A chartered accountant warns that rising salaries can lead to financial stress if spending increases at the same pace. Many professionals upgrade their lifestyles with pay raises, leading to stagnant savings. This behavior means individuals become more expensive to maintain, not financially secure. True wealth comes from the gap between income and expenditure, not just salary size.