Why do majority of Indian software engineers stay middle class even after earning lakhs per month?

 Why do majority of Indian software engineers stay middle class even after earning lakhs per month?


There are many factors that can contribute to why some software engineers in India may remain in the middle class even after earning a high income. Some possible reasons could include a high cost of living, the need to support a large family, or the desire to save for long-term goals such as buying a house or starting a business. Additionally, some software engineers may choose to invest their earnings in assets such as stocks or real estate, which can provide a steady stream of income over time but may not necessarily result in a significant increase in their day-to-day spending power. It is also worth noting that the concept of the middle class can vary greatly depending on the specific context and location, and what is considered middle class in one place may not be the same as in another.

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