CA Nitin Kaushik Shares Percentage-Based Budgeting Strategy for Salaried Indians

Financial advisor CA Nitin Kaushik recommends a structured budgeting method dividing monthly income into fixed percentage categories to help salaried Indians manage expenses and build wealth. Key allocations include housing costs capped at 30-35%, food at 10-15%, utilities at 5-10%, and transportation around 10%. This approach prioritizes savings and investments to reduce reliance on credit cards and short-term loans, aiming to break the cycle of financial stress common among middle-class families.