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Information Technology
Title: ₹1.8 Crore a Year and Still in Debt? Bengaluru Engineer’s Viral Budget Sparks Nationwide Outrage and Debate
Content:
A Bengaluru-based principal software engineer recently set social media ablaze after revealing his annual income of ₹1.8 crore and simultaneously disclosing that he ends up ₹57,000 in debt each month. His detailed budget breakdown posted on LinkedIn showed how even a high salary fails to keep pace with his lavish lifestyle expenses, leading to widespread outrage and discussions on financial planning, lifestyle inflation, and urban cost pressures in India’s tech capital[1][4].
The engineer, identified as Aas Vora Jain, shared a candid post captioned “I make ₹1.8 crore per year in Bengaluru, and it’s utterly unlivable.” Despite a gross yearly income of ₹1.8 crore and a take-home pay of approximately ₹8.3 lakh per month after taxes, Jain claims to consistently overspend, ending the month ₹57,000 in the negative. His expenses illustrate a lifestyle that many would call lavish, including:
This combination of high recurring expenses dwarfs his disposable income, prompting his declaration that Bengaluru is “utterly unlivable” despite the high salary[1][4].
The post quickly went viral and sparked a multi-dimensional debate across social platforms. Responses ranged from sympathy for the expensive city lifestyle pressures to sharp criticism accusing Jain of frivolous spending and poor money management. Many netizens ridiculed the idea that someone earning millions annually could be “in debt,” highlighting a disconnect between income and financial discipline[1].
The Bengaluru engineer’s case highlights a growing phenomenon in India’s booming metropolitan hubs, especially in tech-dominated cities like Bengaluru. As salaries rise rapidly, so do lifestyle expectations and costs. This includes:
Such lifestyle inflation can quickly erode financial stability despite high incomes, making it hard even for well-paid professionals to save or invest wisely[1][4][5].
Bengaluru has long been known as India’s Silicon Valley, attracting tech talent with attractive packages. However, the city’s rapid urbanization has led to soaring real estate prices, traffic congestion, and inflated day-to-day expenses. Industry experts point out a troubling trend where salaries in many sectors are stagnating, while costs for housing, transport, and lifestyle continue to climb steeply. This imbalance is pushing even average to high-income earners into financial challenges[5].
This viral incident serves as a cautionary tale and highlights critical financial management principles for high earners living in expensive urban areas:
Later clarifications indicated that Jain’s post was partly satirical, aiming to highlight the absurdities of lifestyle inflation and city living costs rather than a literal reflection of financial hardship. Nevertheless, the post struck a chord because it exposed real concerns faced by urban professionals juggling high salaries with escalating expenses[1].
The viral story of a ₹1.8 crore-earning engineer struggling financially despite his high salary has ignited widespread outrage and conversations across India. It reveals the harsh realities of living costs in Bengaluru and the pressures of maintaining a luxurious lifestyle amid rising expenses and stagnant salaries. For many, it’s a wake-up call to re-examine financial priorities, curb lifestyle inflation, and adopt smarter money management practices in India’s most dynamic, yet expensive, tech hub.
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