Why a ₹1 crore salary still wasn't enough: The IITian's story is a wake-up call on financial literacy
A viral post about an IIT graduate earning over ₹1 crore annually but struggling to pay a ₹15,000 tax bill underscores why financial literacy matters as much as income. The story highlights the dangers of poor cash-flow management, lifestyle inflation and inadequate financial planning, proving that true financial security depends on managing money wisely, not merely earning more.
A viral post about an IIT graduate earning over ₹1 crore annually but struggling to pay a ₹15,000 tax bill underscores why financial literacy matters as much as income. The story highlights the dangers of poor cash-flow management, lifestyle inflation and inadequate financial planning, proving that true financial security depends on managing money wisely, not merely earning more.
