Middle-Class India Faces Financial Burnout From Traditional Assets

CA Nitin Kaushik warns in 2026 that conventional middle-class markers—expensive degrees, early home loans, and new cars—are driving financial burnout for many Indian families. He cites loan rates (education loans 10–12%, home loans 8.5–9%), vehicle depreciation (~15% immediate, ~50% in five years) and high EMIs, and advises prioritising marketable skills, buying certified used cars, and keeping housing costs under 30%.