Building wealth isn’t about luck or flashy moves—it’s about discipline, patience, and a few “boring” habits that compound over time. Chartered accountant Nitin Kaushik, who often shares practical money lessons on X, has been urging Indians to rethink how they handle money. His posts cut through financial jargon with simple, hard-hitting truths that highlight why living below your means and delaying instant gratification can secure long-term freedom.
In his latest post, Kaushik called out what he termed The Harsh Money Truth. According to him, living below your means may feel uncomfortable in the short run, but it creates financial freedom. On the other hand, living above your means might bring temporary pleasure but guarantees lifelong debt traps.
CA decodes the math
To illustrate, he broke it down with numbers: someone earning Rs 1 lakh and spending Rs 70,000 can save Rs 30,000 a month, creating wealth through compounding. But if that same person stretches to a Rs 1.2 lakh lifestyle using EMIs and credit, they slide into Rs 20,000 debt every month—letting compounding destroy their finances instead of building them. His takeaway was clear: short-term sacrifice is always better than lifelong struggle.
How to build wealth?
Earlier, Kaushik had shared a thread on how ordinary people can quietly build lasting wealth. His advice was simple: avoid scaling your lifestyle just to look rich, delay big-ticket luxuries like cars and houses until cash flows comfortably allow, and buy only what grows in value—land, gold, or equities.
He urged people to think across generations rather than financial years, and to build systems like rental income, dividends, and royalties instead of relying on savings alone. Kaushik also reminded that wealth preservation is harder than wealth creation. His closing thought was that getting rich may feel exciting, but staying rich comes from boring, consistent habits like budgeting, investing wisely, and preserving wealth for the long haul.
In his latest post, Kaushik called out what he termed The Harsh Money Truth. According to him, living below your means may feel uncomfortable in the short run, but it creates financial freedom. On the other hand, living above your means might bring temporary pleasure but guarantees lifelong debt traps.
CA decodes the math
To illustrate, he broke it down with numbers: someone earning Rs 1 lakh and spending Rs 70,000 can save Rs 30,000 a month, creating wealth through compounding. But if that same person stretches to a Rs 1.2 lakh lifestyle using EMIs and credit, they slide into Rs 20,000 debt every month—letting compounding destroy their finances instead of building them. His takeaway was clear: short-term sacrifice is always better than lifelong struggle.
💥 The Harsh Money Truth 💥
— CA Nitin Kaushik (@Finance_Bareek) September 9, 2025
The only thing more painful than living below your means
…is living above your means forever.
👉 Living below = temporary discomfort, long-term freedom.
👉 Living above = temporary pleasure, lifelong debt traps.
📊 Example:
•₹1L salary, ₹70k…
How to build wealth?
Earlier, Kaushik had shared a thread on how ordinary people can quietly build lasting wealth. His advice was simple: avoid scaling your lifestyle just to look rich, delay big-ticket luxuries like cars and houses until cash flows comfortably allow, and buy only what grows in value—land, gold, or equities.
He urged people to think across generations rather than financial years, and to build systems like rental income, dividends, and royalties instead of relying on savings alone. Kaushik also reminded that wealth preservation is harder than wealth creation. His closing thought was that getting rich may feel exciting, but staying rich comes from boring, consistent habits like budgeting, investing wisely, and preserving wealth for the long haul.
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