He spent 50% of his ₹1 lakh salary on Lower Parel rent: ‘Everyone called me mad’

Chartered accountant and content creator Kushal Lodha has revealed that he used to pay half of his salary on rent while living in Mumbai. Lodha revealed in an X post this morning that he used to earn ₹1 lakh per month, of which he spent ₹50,000 on rent in Mumbai’s post Lower Parel area.Kushal Lodha explains why he chose to spend half of his salary on rent.In his X post, the host of the Konversation with Kushal podcast explained that spending half his salary on rent was a sound financial decision because his surroundings directly affected how he thought and worked.“I was earning ₹1 lakh”“When I earned Rs. 1 lakh a month, I moved to Lower Parel and paid Rs. 50,000 in rent,” Lodha said in his X post.(Also read: