New Delhi, March 15 -- True wealth creation is not about the accumulation of high-status symbols, but rather the disciplined acquisition of income-generating assets.

According to financial experts, spending unearned capital to impress others is a guaranteed path to insolvency. Instead, wealth is forged in the gap between what you earn and what you spend.

To build lasting financial independence, a person must first break the psychological habit of performative wealth, says tax professional Nitin Kaushik.

In a social media post on X, Kaushik wrote: "Faking wealth is the fastest way to stay BROKE. Most people spend money they haven't earned to buy things they don't need to impress people they don't even like. It is a cycle driven by a fea...