Lifestyle
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Woman questions Bengaluru's high spending culture
News18··2 Aug
Simridhi Makhija, who has lived in Bengaluru for seven months, said in an Instagram video that she does not understand why people spend Rs 5,000 at cafes in one visit, pay Rs 40,000 monthly rent for homes available at half that price, or spend Rs 20,000 shopping in a single outing. She urged young professionals to prioritise saving over lifestyle.
Prism
What It Means For You
- Young professionals moving to expensive cities can use this debate to reassess rent, dining and shopping budgets.
- The video is a reminder that salary increases do not have to translate into proportional spending increases.
- Comparing rent options within a city before signing a lease could save significant monthly expenses.
What's Happening
- Simridhi Makhija questioned Bengaluru spending habits like Rs 5,000 cafe visits and Rs 40,000 rents in a viral video.
- She urged young earners in their twenties to prioritise saving over automatically upgrading their lifestyle.
- The video drew mixed reactions, with some users favouring aggressive saving and others favouring income growth.
What Lifestyle Inflation Means for Young Earners
- Lifestyle inflation describes spending that rises in step with income rather than staying disciplined over time.
- Bengaluru's tech hub status has pushed rents near major office corridors well above city averages.
- Financial advisers often recommend fixing a savings percentage before allowing discretionary spending to rise with pay.
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