New Delhi, Aug. 14 -- While Gen Z's social media feeds might scream "YOLO" (You Only Live Once) with aesthetic cafe dumps and mountain getaways, their bank statements tell a decidedly different story.

A recent study by SalarySe, which analysed millions of UPI transactions from over 5.2 lakh salaried Gen Z users in India, effectively shatters the lifestyle-first stereotype.

The reality? Young Indians are spending the vast majority of their paychecks on mundane, everyday needs and recurring financial commitments.

It turns out, Gen Z's budget is far more practical than flashy. A staggering 70% of a young professional's monthly budget is swallowed up by just five core categories:

The heavy reliance on digital payments for bills, subscript...