The Economic Times

Your salary isn't wealth. It's just survival until your money starts earning for you, says CA

CA Nitin Kaushik says a salary alone does not create wealth. In a post on X, he explained that spending most of your income on lifestyle expenses keeps you on a financial treadmill. According to him, true financial independence comes when income from assets covers your living costs. He warned against lifestyle inflation, urging people to invest in cash-generating assets instead of funding someone else's balance sheet.