High Income, Low Savings: Financial Reality of Indian Techies

Imagine someone making a lot of money, like ₹40 lakh a year, but still struggling to pay for things.

A finance expert explained how this happens: a person bought an expensive apartment with a big loan, which took up most of their income.

They also spent money on a car and other things, leaving them with little savings.

The expert says it's important to save money, have a plan, and not spend too much, even if you make a lot.

That way you can have money saved up for emergencies and a better future, instead of just being 'house rich' but unable to enjoy life because they don't have available cash.