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Time of India
07-08-2025
- Business
- Time of India
No EMIs. No pressure. CA explains how quiet wealth in your 20s buys freedom in your 40s
What does real wealth feel like at 40? According to CA Nitin Kaushik, it's not about fancy cars, designer brands, or luxury holidays. In a recent viral post, he described what true financial freedom actually looks like when you've been quietly building since your 20s. And his take is resonating with thousands. Kaushik writes, 'What real wealth actually feels like at 40 (and no one tells you this)… Not flashy. Not loud. Just silent power.' At 40, he explains, you might have a fully paid-off house, an investment portfolio worth over ₹2 crore, and zero EMIs. You've got the guts to walk away from toxic jobs and the confidence that your kids will be okay. You feel no pressure to impress anyone. And if you want to take a 3-month break, you actually can—without panic. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program — Finance_Bareek (@Finance_Bareek) by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Discover the AI writing partner that understands your audience. Grammarly Install Now Undo And none of this, he says, comes from chasing trends or being lucky. It comes from starting small in your 20s and staying consistent. Slowly building, brick by brick—without needing to make noise about it. Kaushik makes a larger point that really hits home: borrowing too much just to look successful or following risky fads rarely ends well. Wealth, he says, 'isn't about showing off. It's about never having to explain yourself.' For a generation overwhelmed by financial pressure and social comparison, the CA reminds that all you need is to be consistent, thoughtful, and patient. In his previous tweets, he has urged everyone to build an emergency fund, invest in SIPs, start a side hustle for a second income and invest for the future.
Economic Times
09-07-2025
- Business
- Economic Times
Want to look rich? Or be truly rich? CA shares how a middleclass man built Rs 25 crore portfolio silently
Synopsis Nitin Kaushik's viral X post highlights the difference between perceived and actual wealth. He contrasts those who flaunt luxury items with those who quietly build assets through strategic investments. True wealth, he argues, lies not in outward appearances but in owning assets that appreciate over time, leading to financial freedom and peace of mind. CA points out the stark difference between looking rich and actually being rich. (Pic credit- istock. Image used for representative purpose only) In a world obsessed with luxury cars, designer labels, and Instagram-perfect lifestyles, it's easy to mistake flash for fortune. But Chartered Accountant Nitin Kaushik recently took to X (formerly Twitter) to deliver a powerful reminder that real wealth often looks nothing like what social media shows us. His post went viral for cutting through the illusion that high-end consumption equals financial success, and it hit home for drew a striking comparison: One person with a Rs 25 crore portfolio drives a modest Rs 10 lakh car. Another, with just Rs 1.7 crore in total assets, flaunts a brand-new luxury vehicle. The difference? One is quietly building wealth through solid investments. The other is burning it to keep up appearances. Rich isn't loud — it's strategic. Kaushik breaks it down simply: True wealth isn't about what you wear, drive, or post. It's about what you own — the kind of assets that grow while you sleep. He labels two financial archetypes-Person A: Low on lifestyle expenses, high on equity, real estate, and the power of B: High EMIs, low savings, always chasing status and approval. One is financially free. The other is financially fragile. Using the example of a car — a classic symbol of success — Kaushik points out the brutal truth: cars depreciate. The moment you drive them out of the showroom, they start losing value. On the other hand, assets like stocks, mutual funds, rental properties, and land don't just retain their worth — they multiply it over time. — Finance_Bareek (@Finance_Bareek) Perhaps the biggest takeaway from Kaushik's post is that the truly wealthy don't feel the need to look rich. They blend in, quietly owning freedom, time, and peace of mind. Financial freedom, as he puts it, isn't found in a luxury showroom — it's built with discipline, patience, and smart investments. His final message is clear: If you want to look rich, buy a luxury car. If you want to be rich, buy time, freedom, and compounding.A user reflected on the fleeting nature of life, reminding others that it's important to maintain balance—many people accumulate assets worth ₹25 crore or more, only to eventually pass away owning nothing more than a ₹10 lakh car. Their message was clear: enjoy life while you can, and live in alignment with your age. In response, Nitin simply emphasised the importance of balance. Another user raised a question: what's the point of accumulating wealth if it's never spent? To that, Nitin offered a deeper perspective—explaining that the true value of money lies not in spending it, but in the freedom it brings. Not just financial freedom, but the ability to live without stress. According to him, money enables peaceful sleep, new adventures, travel, and hobbies. Freedom, he argued, isn't a small part of life—it is everything. ( Originally published on Jul 08, 2025 )
