India, July 15 -- An entrepreneur has sparked a discussion after claiming that many wealthy Indian parents are suffering from "untreated financial trauma" and continue to live with a "poverty mindset" despite having crores in assets.

In a post on X, entrepreneur Prem Soni argued that many Indian parents continue to make financial decisions driven by fear, even after achieving financial security. "Your parents are suffering from untreated financial trauma," he wrote.

Soni said that many parents "will sit on Rs.5 crores of real estate and fixed deposits yet still walk in 40-degree Celsius heat and fight a street vendor to save Rs.15 on tomatoes." He argued that this behaviour is often described as "middle-class values" when it is actually...