India, July 4 -- People often think a debt trap happens because of lifestyle creep or overspending. However, a LinkedIn post shows how the reality is much scarier. A financial advisor shared about a professional who accumulated Rs.15 lakh in debt without making a single 'reckless financial decision'.

"A 36-year-old operations manager from Pune earning Rs.90,000 a month is now Rs.15 lakh in debt, though he never made a reckless financial decision. 3 years ago, he was earning Rs.90,000 and spending Rs.82,000 on essentials. Tight, but workable," investment advisor Vivek wrote on LinkedIn.

Explaining how the man ended up with a huge debt, the advisor continued, "Then his father needed urgent surgery costing Rs.5 lakh. He took a personal loa...