In an era where lifestyle choices are often driven more by social media appearances than financial prudence, experts are reminding people to live — and spend — within their means. Maintaining a lifestyle that aligns with one’s actual financial condition is not just a matter of discipline but a cornerstone of long-term financial stability. Advertisement

Chartered Accountant Nitin Kaushik, known for his practical personal finance insights, recently underscored this point in a post on X (formerly Twitter). Sharing advice for those planning to buy a car, Kaushik urged people to focus on financial sensibility rather than status-driven choices.

“Buying a Car? Don’t Just Follow Your Heart Step: Decide your budget — stick to it. List your must-haves vs nice-to-haves. Pick the right segment —

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