Thirty-four-year-old Rachit works in an IT company and takes home about Rs 80,000 a month. His wife is a homemaker and the couple is blessed with a five-year-old daughter. They live in their own house, for which Rachit pays an EMI of Rs 23,000. Their other monthly expenses usually vary between Rs 45,000 and Rs 50,000.
This article was originally published on May 25, 2022.