For many young professionals in their late 20s and early 30s, earning Rs 1 lakh a month represents a comfortable milestone. But according to Feroze Azeez, Deputy CEO of Anand Rathi Wealth, what truly determines financial freedom isn’t the size of your salary — it’s how you use it. In a recent conversation, Azeez outlined a simple but disciplined wealth-building strategy for Indians who earn Rs 1 lakh a month, focusing on financial planning over emotional spending. Advertisement

Azeez’s first advice is counterintuitive in a country where home ownership is seen as a symbol of security: don’t rush to buy a house. For someone earning Rs 1 lakh, taking on a Rs 50–60 lakh home loan early in life can choke cash flow, reduce investment capacity, and create long-term financial stress. Instead, he

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