A recent Reddit Viral Post has captivated thousands, illustrating how one man’s frugality has built quiet wealth. Deliberate frugality and disciplined investing can quietly transform modest earnings into substantial wealth in India.
The Journey for Frugality Built Quiet Wealth
The story centres on a man who graduated in 2019, only to face the disillusionment of an elusive high-paying job. Constrained by urgent family responsibilities, he accepted a customer service position paying just ₹20,000 per month.
Two years later, he transitioned to a multinational corporation in Gurgaon, boosting his monthly income to ₹65,000. Notably, he continued working remotely from Raipur, sparing himself the burden of urban rent.
Relentless Discipline and Smart Investing
By choosing to live rent-free with his family and capping his monthly expenses at approximately ₹5,000, he established the financial bandwidth to invest consistently. Since 2021, he has methodically directed funds into mutual funds, cultivating a personal portfolio that has now grown to nearly ₹35 lakh. Alongside this, he has initiated a ₹20 lakh SIP in his father’s name.
Remarkably, he avoids any indulgence in luxury spending. He still relies on a ₹9,000 Redmi phone purchased five years ago, a symbol of his commitment to simplicity.
“He was aware that his career trajectory would likely plateau, but his situation left no room to pursue an MBA. Even so, with limited income, he has managed to live securely and contentedly with his family,” the post reflects.
The Debate for Reddit Viral Post: Discipline or Hidden Privilege?
The story has triggered lively debate online, with many questioning whether his success stems solely from discipline or unspoken advantages.
“If you have a family home and don’t feel compelled to showcase every detail of your life on Instagram, you can live comfortably on ₹40,000 a month,” remarked one user.
Another commenter observed:
“Saving more than 90% of your salary is a rare luxury. Most likely, the household pays negligible income tax and benefits from multiple government subsidies.”
The Power of Social Capital
Some voices emphasised the overlooked role of social networks and adaptability:
“In India, if you earn above the average and have solid contacts, life can unfold far more smoothly. There are people earning ₹2–3 lakh monthly who remain dissatisfied. Meanwhile, someone making ₹75,000 may possess street-smarts and reliable connections in law, healthcare, and other critical areas. This skill to manoeuvre challenges seamlessly is known as JUGAAD.”
This story serves as a compelling reminder: wealth-building is rarely about income alone. It is a complex interplay of disciplined choices, situational advantages, and the ingenuity to make the most of what you have.
Read More
Did You Know Key Facts Of Mutual Funds? | Learn Before Invest in Mutual Funds in 2025
What is Health Insurance?-Meaning, Types and Benefits in 2025
Understanding Active Funds: A Guide to Outperforming the Market
Agriculture Infrastructure Fund: Empowering Farmers and Boosting Rural Economies 2025
FAQ
1. How did he manage to save such a large portion of his income?
He kept expenses extremely low by living rent-free with family, spending around ₹5,000 per month, and avoiding unnecessary purchases. This allowed him to save and invest over 80% of his earnings consistently.
2. What investments contributed to his ₹35 lakh portfolio?
He primarily invested in mutual funds through systematic investment plans (SIPs) starting in 2021. His disciplined monthly contributions and the power of compounding grew the portfolio steadily.
3. Is this level of savings realistic for most people?
While his story is inspiring, not everyone has the same circumstances. Factors like having a family home, minimal expenses, and no debt significantly increased his capacity to save.
4. What does the term ‘Jugaad’ mean in this context?
Jugaad is an Indian term describing clever resourcefulness and the ability to navigate challenges using informal networks and practical solutions. It highlights how adaptability can make life easier even without a high income.
5. Does avoiding luxury spending mean sacrificing quality of life?
Not necessarily. For him, contentment came from financial security and supporting his family rather than material possessions. However, everyone’s definition of a fulfilling life differs.
Disclaimer:
All the information in the blog is for educational purposes only. I am not a SEBI-registered advisor. Please consult with a qualified financial planner or do your own research before making any investment.
