ReferIndia News Two people earn Rs 40 lakh a year, but vastly different wealth. CA shares the hidden fact that separates wealthy from others

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Two people earn Rs 40 lakh a year, but vastly different wealth. CA shares the hidden fact that separates wealthy from others

Published on: June 8, 2026, 7:29 a.m. | Source: The Economic Times

High salaries don't guarantee wealth; financial management is key. CA Nitin Kaushik highlights that individuals earning the same amount can have vastly different financial outcomes based on how they manage money, debt, and credit. Optimizing financial structures, including tax planning and credit health, is crucial for wealth creation beyond just income.

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