When it comes to money, most lessons arrive too late—usually after a mistake has already been made. So, in an age where lifestyle choices often overshadow financial priorities, CA Nitin Kaushik, a practicing chartered accountant has shared a stark reminder for young earners: if you're under 30, it's time to learn what schools don’t teach—how to manage your money before it manages you.
Kaushik recently shared a post on X highlighting eight financial lessons that many people unfortunately learn too late. His insights are not just about budgeting or saving—they offer a deeper understanding of how everyday decisions can quietly shape one’s long-term financial health.
It’s Not J just About Saving
Kaushik begins with a clear warning: financial discipline isn't just about trimming your expenses—it’s about cutting the “nonsense.” That includes unnecessary spending disguised as lifestyle upgrades. For instance, opting for cheap electronics may feel like a smart short-term move, but the cost of frequent replacements adds up quickly. His advice: buy quality once, instead of buying cheap multiple times.
Think before You Follow trends
Another practical tip he shares targets young renters—particularly those shifting homes frequently. Investing in heavy furniture might seem like a good idea, but moving it from one rental to another often causes damage, both to the furniture and your wallet.
On a similar note, Kaushik cautions against splurging on flashy gadgets. Buying the latest phone may feel exciting, but he reminds young earners that financial maturity means buying what’s necessary—not what’s trending.
Build A Safety Net With Intention
Among his most grounded suggestions is the habit of saving at least 5% of one’s income in physical cash. Holding money in hand, he says, creates a psychological barrier to overspending and builds more awareness about everyday purchases.
He also emphasizes the importance of having health insurance early on. As he points out, one hospital visit without a policy can potentially wipe out six months’ worth of savings, if not more. It’s a quiet expense—until it explodes.
Interestingly, his post doesn’t stop at typical financial tips. Kaushik also connects dietary habits with long-term financial wellbeing. He suggests cutting down on sugar and palm oil—items that may seem harmless now, but could lead to costly health issues later. Prevention, both in health and in money, he implies, is better than cure.
Credit Cards, Love, and Money Lessons
In a culture where credit cards are often treated as free money, Kaushik offers a sobering view. He calls the credit card a “tool, not a temptation,” urging young adults to use it for genuine needs—like emergencies—not for indulgences such as online food delivery.
But perhaps his most striking advice is personal. He notes that one of the smartest life choices isn’t just what you spend on, but who you spend your life with. "Date someone who understands finance," he writes—because love, however fulfilling, won’t pay your EMIs.
Kaushik’s message, ultimately, is one of empowerment. For him, financial literacy isn’t about hoarding money or denying pleasures—it’s about buying freedom. Each smart financial decision today adds up to a life of fewer worries tomorrow.
His post may be aimed at the under-30 crowd, but its relevance spans age. The earlier these lessons are learned, the more time people have to build a life that isn’t dictated by paycheck cycles or medical emergencies—but by choice.
Kaushik recently shared a post on X highlighting eight financial lessons that many people unfortunately learn too late. His insights are not just about budgeting or saving—they offer a deeper understanding of how everyday decisions can quietly shape one’s long-term financial health.
It’s Not J just About Saving
Kaushik begins with a clear warning: financial discipline isn't just about trimming your expenses—it’s about cutting the “nonsense.” That includes unnecessary spending disguised as lifestyle upgrades. For instance, opting for cheap electronics may feel like a smart short-term move, but the cost of frequent replacements adds up quickly. His advice: buy quality once, instead of buying cheap multiple times.
Think before You Follow trends
Another practical tip he shares targets young renters—particularly those shifting homes frequently. Investing in heavy furniture might seem like a good idea, but moving it from one rental to another often causes damage, both to the furniture and your wallet.
On a similar note, Kaushik cautions against splurging on flashy gadgets. Buying the latest phone may feel exciting, but he reminds young earners that financial maturity means buying what’s necessary—not what’s trending.
💥 8 Harsh Money Truths That No One Teaches You (But Everyone Should Learn Before 30)
— CA Nitin Kaushik (@Finance_Bareek) June 24, 2025
Saving money isn’t just about cutting expenses. It’s about cutting the nonsense.
Here’s the real cheat sheet most people learn too late 👇
🛑 Cheap electronics = expensive replacements. Buy… pic.twitter.com/nxYkb0uzpT
Build A Safety Net With Intention
Among his most grounded suggestions is the habit of saving at least 5% of one’s income in physical cash. Holding money in hand, he says, creates a psychological barrier to overspending and builds more awareness about everyday purchases.
He also emphasizes the importance of having health insurance early on. As he points out, one hospital visit without a policy can potentially wipe out six months’ worth of savings, if not more. It’s a quiet expense—until it explodes.
Interestingly, his post doesn’t stop at typical financial tips. Kaushik also connects dietary habits with long-term financial wellbeing. He suggests cutting down on sugar and palm oil—items that may seem harmless now, but could lead to costly health issues later. Prevention, both in health and in money, he implies, is better than cure.
Credit Cards, Love, and Money Lessons
In a culture where credit cards are often treated as free money, Kaushik offers a sobering view. He calls the credit card a “tool, not a temptation,” urging young adults to use it for genuine needs—like emergencies—not for indulgences such as online food delivery.
But perhaps his most striking advice is personal. He notes that one of the smartest life choices isn’t just what you spend on, but who you spend your life with. "Date someone who understands finance," he writes—because love, however fulfilling, won’t pay your EMIs.
Kaushik’s message, ultimately, is one of empowerment. For him, financial literacy isn’t about hoarding money or denying pleasures—it’s about buying freedom. Each smart financial decision today adds up to a life of fewer worries tomorrow.
His post may be aimed at the under-30 crowd, but its relevance spans age. The earlier these lessons are learned, the more time people have to build a life that isn’t dictated by paycheck cycles or medical emergencies—but by choice.
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