Earning Rs.50 lakh a year - But are you actually rich? What the math says
New Delhi, June 5 -- At first glance, a Rs.50 lakh salary may seem like the hallmark of financial success. But a Rs.10 lakh dividend the true sign of wealth. This might sound strange at first but a closer look reveals an important distinction: one is income earned through work, while the other is income generated by assets you own. And that difference says a lot about the nature of wealth.
Siddhant Garg, Personal Finance Mentor, explained on a Linkedin post, "A Rs.50 LPA salary definitely feels impressive. It looks great on LinkedIn. It feels great for the ego. But there's one small problem."
The moment you stop working the Rs.50 LPA stops too.
But it is a very different story for Rs.10 LPA coming from dividends or investments.
"That ...
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