Indian middle class going 'broke' due to common spending trap: CA warns about financial habit that drains even future wealth
· economictimes.indiatimes.com
The Indian middle class may be facing a financial problem that is easy to miss while incomes and spending continue to rise. A CA has now pointed to a common money habit among young earners that could be quietly affecting their savings, financial freedom and ability to build wealth over time.
No-cost EMI may not feel like debt
Young earners can lose financial flexibility
The real cost is money that cannot be saved
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