CA Meenal Goel explains low savings anxiety as financial categorisation issue

1 articles · Updated · The Economic Times · May 5

She cited a Reddit case of a 29-year-old earning ₹1.55 lakh monthly, with about ₹20,000 in SIPs and nearly ₹70,000 in loan repayments.
Goel said these outflows should not be treated as simple spending because they build assets or repay liabilities, changing how households assess savings stress.
The user, supporting a family of three, said only ₹5,000-₹9,000 remained monthly, with medical and post-pregnancy costs adding pressure despite annual income of about ₹19.6 lakh.

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