3 weeks ago

Bengaluru Techie Says ₹50 LPA May Not Make You Rich

Bengaluru Techie Says ₹50 LPA May Not Make You Rich
Techie Says Why Even ₹50 LPA May Not Be Enough To Get Rich In Bengaluru: ‘You Can Never Become Rich Here’ · news18.com

A man who works with computers in Bengaluru, a big city in India, made a video that many people watched.

He said that even if you earn a very big amount of money, about 50 lakh rupees every year, it may still not be enough to become rich.

He explained that taxes take away a big part of the salary.

Renting a home, paying for helpers, food, and other daily needs also costs a lot.

He said houses are very expensive and keep getting more expensive over time.

Because of this, he thinks it is very hard to buy a house in Bengaluru even after saving for many years.

Many people shared their own opinions after watching the video.

Some agreed with him, while others said his numbers were too high and that it is possible to live comfortably for less.

A few people said living in smaller cities and working from home is a better way to save money.

Key facts

Video creator
Anmol Agarwal, Bengaluru-based techie
Salary discussed
₹50 lakh per annum (LPA)
Tax and EPF estimate
Around ₹15 lakh per year
Net take-home estimate
Approximately ₹35 lakh per year (close to ₹3 lakh per month)
Estimated 2BHK rent
₹60,000–₹70,000 per month
Estimated monthly expenses
₹1.2 lakh–₹1.3 lakh, plus ₹50,000 more for a car
Property price claim
About ₹3 crore now, potentially ₹6–7 crore later
Suggested alternative
Remote work or a business based in a Tier-3 city

Quotes

Anmol Agarwal

Bengaluru‑based tech professional who created the Instagram video

“"50 LPA, 70 LPA, no matter how much money you earn, I will prove to you in one minute that you can never become rich in Bangalore."”
news18.com

Sources

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