Being in top 5% or 10%, I feel blessed.
Recently I came across a report in ToI that said earning 80 K per month puts you at top 4% in India. Assuming that the stats is true, do you feel contended with what you earn?
Recently I came across a report in ToI that said earning 80 K per month puts you at top 4% in India. Assuming that the stats is true, do you feel contended with what you earn?
Just imagine, even after being in top 4% of the country … we have to think thrice before buying a house or a car!
Its because the wealth is very unequally divided in this country. So a very small % of individuals have very large piece of that 4% pie. (and also thousands of rich don’t file ITR)
That’s why even after being in top 4%, it doesn’t make any significant difference.
Sadly with greater income, some lifestyle upgrades take place which sometimes put us into lower percentile 😕
Correction. It's actually 67 K per month or 8 lacs per annum earning puts you at top 4%.