‘Ordering a ₹250 meal is a financial decision’: Redditor earning ₹1.3 lakh monthly shares reality check
A working professional who thought earning ₹1.3 lakh a month would end their money worries has captured social media’s attention with a reality check. Laying out their monthly budget, they demonstrated how rent, EMIs, household expenses, and subscription fees eat away their earnings, leaving barely ₹10,000 for emergency savings.A Reddit user shared that they thought they would have a very different life with a monthly salary of over ₹1 lakh. (Representational image). (Unsplash)“My ₹1.3 lakh salary somehow disappears every month. I earn ₹1,30,000 a month, which sounded absolutely insane to me when I was younger. I genuinely thought earning this much would mean I could finally stop thinking about money,” a Reddit user wrote.Also Read: ‘If your salary is less than ₹1 lakh, don’t come to Bangalore’: 9-to-5 employee’s adviceThe individual shared a detailed breakdown of the expenses: ₹30,000 – Rent ₹12,000 -Parents/family ₹8,000 -Groceries ₹6,000 -Electricity + internet + phone ₹7,000 – Petrol/transport ₹15,000 -EMI ₹10,000 -SIP/investments ₹5,000 -Insurance/medical ₹4,000 -Eating outside ₹3,000 -Subscriptions because apparently I need 47 different OTT apps ₹5,000-Random UPI payments I have absolutely no memory of making ₹5,000 – Clothes, toiletries, household stuff ₹10,000 – “Miscellaneous” (the biggest scam category in personal finance)Total: ₹1,20,000.The person added that the remaining “ ₹10,000 doesn’t feel like ₹10,000.” The individual expressed that they once thought earning in lakhs would help them have a “completely different life,” but the reality seems very different.“Meanwhile I’m sitting at home calculating whether ordering a ₹250 meal is a financial decision. I don’t even know where the money goes anymore. Nothing here is particularly luxurious. It’s just a hundred completely normal expenses quietly eating my salary alive,” the person wrote, adding, “ ₹1.3 lakh sounds rich until you have ₹1.3 lakh worth of responsibilities.”What did social media say?An individual suggested, “3000 for subscriptions? Do you even watch all? Subscribe for only 1-2 months to each OTT one after the other- change when you’re bored of the library… and there is so much on YouTube.”Another suggested, “Download a spend tracker app for you to see where each penny goes. Visibility of spends is half the battle when it comes to budgetary management.”Also Read:
