True wealth creation is not about the accumulation of high-status symbols, but rather the disciplined acquisition of income-generating assets. Instead, wealth is forged in the gap between what you earn and what you spend. To build lasting financial independence, a person must first break the psychological habit of performative wealth, says tax professional Nitin Kaushik. At a 12% market return, that ₹20k monthly spend costs you ₹1.9 crore in wealth over 20 years,” added Kaushik. Real financial power is the ability to say “no” to a job you hate or a deal you don’t like.

Source: Mint March 15, 2026 16:25 UTC