Sub doesn't reflect reality but still feels disappointing for the average person

[Akash]

Just another rant about this subreddit - feel free to ignore and scroll past if it's not your thing.

I love Reddit because I always come across interesting stuff, and I joined this sub to experiment with my money and learn new things.

But after being away for a while, I came back and felt that same lost-in-life vibe, like I'm not doing enough.

You have to dig deep to find any post that doesn't talk about inheritance or 2 LPM. I thought even 1 LPM was wild, yet most days you won't see anything below 2 LPM.

Reading this, some might tell me to stop reading here. Well, that seems like the only option.

[Harini]

Some of those posts are pure rage-bait, man!

[Rekha]

In real life, earning 1 LPM puts you in the top 1 % of earners in India. Yet on this subreddit it feels like you're not even in the top 80 %.

We should just rename the community to r/richpeoplepersonalfinanceindia already.

[Chitra]

That's true - below 40 k there's no room for investment; between 40 k and 80 k banks, PF and insurance eat up everything. So the lowest earners here are around 1 L, and the active members are typically 1.5 L+.

[Alok]

Lol, got frustrated with this one? Check out r/FatFIREIndia. Spend 10 min there and you'll see a billionaire.

If you total up all the incomes shared in Indian finance subreddits, it would probably surpass the combined GDP of the rest of the world.

[Manoj]

I've been following this subreddit for a few years. I avoid the number-crunching game because it gets disappointing when we compare our own path to others. Still, I've learned a lot about investing, building an emergency fund and other investments here. I take most advice with a grain of salt and cherry-pick what fits my simple lifestyle.

[Adarsh]

Aren't you also seeing a lot of debt-and-loan-trapped posts on this same subreddit?

[Kanchan]

Sometimes it blows my mind how ineffective our country's leadership is - earning 1 LPM and still feeling like you're just barely staying afloat with all life's expenses.

[Mohan]

I began with a 12 lakh debt, no house, no car, and I've been working for almost 7 years now. I'm just an average developer, so I never know when I might get laid off. The upside is that I'm aware of my situation and not over-confident like many, which gives me time to take sensible steps to avoid bankruptcy.