Rs 70 lakh salary and still struggling: Viral LinkedIn post
Recently, a viral associated post has found it difficult to save money by 70 million annually, and postponed an Indian professional who earns financial struggles. The item reflects a growing phenomenon, called the "new middle -class trap", where revenues to increase ambitions and lifestyle inflation have increased. Despite high wages, individual expenses - which span EMI, tuition, luxurious lifestyle options and living costs in the city - reduce the minimum room for savings or investment. The post met a raga with many professionals in the urban India, who repeated similar challenges. This emphasizes how modern economic pressure, social comparison and the discovery of status symbols are redefined economic well -being. Experts have suggested the requirement for arbitrary budget and reassessment priorities instead of assuming that high -income financial security is guaranteed. The phenomenon symbolizes a transfer definition of "middle class" in India, and consumes and rises in a cycle of increasing expectations provides the hidden vulnerability of highly earned professionals trapped in a cycle.
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