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The Economic Times
The Economic Times
Trending Desk

₹12 lakh in stocks, ₹10 lakh health insurance but just ₹18,000 cash in bank account: Corporate employee shares 2 AM ‘rich on paper’ scary reality check

A 2 AM medical emergency left a corporate employee confronting a financial problem he had not anticipated: having investments and health insurance, but very little money available immediately. According to a Reddit post, the man said his mother was taken to a hospital around 2 AM. He claimed that although he had around ₹12 lakh invested in funds and stocks and a ₹10 lakh corporate health insurance policy, he had only ₹18,000 in his bank account at the time.

₹1.5 lakh advance became an immediate problem

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