Investor Says Rs 25 LPA Salary Insufficient For Family Of 3, Here’s What Netizens Have To Say

The trader opened a discussion on social media platform X and said the salary of 25 lakhs in a year remains insufficient to comfortably sustain a family of three people

A stock market investor on social media raised questions about managing finances for a family of three with a salary of Rs 25 lakh per annum. The trader opened a discussion on social media platform X, formerly known as Twitter, and broke down the expenses for a family.

In a post, Sourav Dutta, said the salary of 25 lakhs in a year remains insufficient to comfortably sustain a family of three people. He wrote, “25LPA is too little for running a family. 25 LPA = in hand 1.5L per month. Family of 3 would spend 1L on essentials, EMI / rent.” The investor argued that with miscellaneous and medical expenses, no funds are left for investment.

The post quickly went viral and many users on the platform pointed out flaws in Dutta's logic. One of the users argued, "25 LPA with no debt and reasonable spending habits will become rich in few years." However, Dutta responded that resonable spending habits remained very subjective and varied for every individual. 

Another user wrote, "A family spending 25k a month for "medical" would never spend 25k a month on miscellaneous expenses like eating out, day trips etc. Please don't misguide people with ridiculous calculations." While others questioned the need for spending Rs 25,000 on frivolous things such as OTT subscriptions and day trips.

An individual also pointed out that Rs 25 lakh per annum was a very good salary to sustain a family in a tier-2 city. This, however, isn't the first time Dutta has expressed such controversial opinions. In his other posts, he also suggested that individuals should refrain from buying a house or a new car before they secure a net worth of Rs 1 crore. He recommended people to avoid any vacation by flight or purchasing an Apple product before they reach this target.