Rs 2 Lakh Salary, Zero Debt: Why This Bengaluru Techie Still Feels 'Poor'
A 26-year-old Bengaluru resident has sparked a discussion on Reddit after sharing that, despite earning Rs 2 lakh a month and being debt-free, he continues to feel financially insecure. The man's post highlights a common psychological phenomenon where past financial hardship lingers even after economic circumstances improve.
The man described growing up in a family where the monthly income was never more than Rs 6,000-7,000 until he got his first job at age 21. His family lived in a small room of 10x10 feet. After starting work in 2021, he ensured his parents could retire and moved them into a 2BHK in his hometown, while he lives in his own 2BHK in Bangalore.
He invests Rs 30,000 monthly in mutual funds, sets aside Rs 10,000 in fixed deposits, puts Rs 10,000 into gold savings, sends Rs 15,000-20,000 to his parents, and spends about Rs 25,000 on rent and living expenses. Since 2021, he has accumulated Rs 4 lakh in stocks, Rs 2 lakh in FDs, Rs 2-2.5 lakh in gold, and Rs 6 lakh in his savings account.
Despite these achievements, he said he has never felt wealthy. With marriage planned this year, he expects wedding costs of at least Rs 10 lakh. He also wants to buy a used car, purchase a plot of land, and consider a motorcycle. He noted that every financial decision seems to sacrifice another goal.
He expressed confusion seeing friends back in his hometown—many working manual labour or driving autos—appearing happier despite earning far less. 'Years ago, they all had bikes on loans. But even though they were constantly in debt, they bought things and lived life to the fullest. I don't understand why I feel so left behind when, on paper, I'm miles ahead of them,' he wrote. He admitted that even buying a shirt over Rs 750 makes him anxious.
The post resonated with many Reddit users, who pointed out that his feelings likely stem from the psychological impact of growing up in poverty. One user wrote: 'It's not about feeling rich but getting out of the older mentality without overspending. You're already doing better than many; don't let overthinking steal your joy.' Another commented: 'Don't be so hard on yourself; you're doing amazing.' The discussion underscores how financial security is not just about numbers but also about mindset and past experiences.
