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In India, many individuals struggle with managing their personal finances effectively. While income levels have risen over the years, a majority of people still miss out on building substantial wealth due to a common money trap, warns Chartered Accountant Nitin Kaushik.

According to Kaushik, this is not about fraud or Ponzi schemes, but a behavioral pattern he calls “India’s biggest financial scam.” ‘Bro, I’ll start investing next month’ Kaushik recently explained this on X, describing it as a habit that silently drains wealth. “ Bro, I’ll start investing next month. Next month never comes,” he wrote, highlighting how procrastination in starting investments leads to missed opportunities for compounding over the long term.

Financial experts agree that delaying even small investments can significantly reduce future returns. The power of compounding grows with time, and postponement — even by a few months — can lead to substantial losses over decades. Discipline Over Income Another key insight Kaushik shared focuses on the difference between income and financial discipline. He illustrates this with a simple comparison:
“ Someone earning ₹50k and investing ₹5k every month → richer than someone earning ₹2L and spending ₹2L.”

The message is clear: consistent saving and disciplined investment matter more than a high income. Building wealth, Kaushik says, is less about how much you earn and more about how you manage your money regularly. Practical Steps to Avoid the Trap Experts recommend starting with small, regular investments rather than waiting for a “perfect” time. Automated savings through SIPs (Systematic Investment Plans), recurring deposits, or mutual funds can help create a consistent habit.

Kaushik emphasizes that even modest monthly investments, if started early, can outperform sporadic large investments later in life.

He also stresses awareness — recognizing the pattern of delaying financial planning is the first step toward breaking the cycle. “ Income looks great, but discipline builds wealth,” he reiterates, urging young professionals and salaried individuals to take control of their finances today rather than postponing it indefinitely. The Real Scam According to CA Nitin Kaushik, India’s biggest financial scam is not fraud, but a simple, everyday habit — procrastination in investment. Understanding the power of time, consistent planning, and disciplined saving can prevent potential loss of lakhs and secure financial well-being for the future.

Kaushik’s key takeaway is clear: immediate action matters. Starting today, no matter how small the investment, can help overcome this widespread financial trap and stop the silent drain of wealth.