A ₹2.5 lakh monthly salary sounds like the kind of income that should leave plenty of room for saving, investing and enjoying life. But one 29-year-old professional's account on Reddit shows how quickly a high income can get squeezed when family responsibilities, big-ticket spending and loans collide. The Bengaluru-based professional, who said he is married and earns ₹2.5 lakh a month after tax along with his spouse, turned to Reddit's personal finance community for advice after finding himself caught in what he described as a "debt trap".
What makes the story stand out is not extravagant spending. There are no luxury holidays, expensive gadgets or frequent restaurant bills in the picture. Instead, most of the money is tied up in EMIs, rent, credit-card payments and basic household expenses.
