India, March 20 -- A discussion on financial discipline erupted on social media after Europe-based investor Sourav Dutta shared his views on savings and spending. He suggested that those earning Rs.2 lakh per month should be able to invest Rs.1 lakh in a systematic investment plan (SIP) and that failing to do so indicates a spending issue rather than an income problem.

"If you are earning 2L/m and don't have 1L in SIP, then you don't have an income problem. You have a spending problem, my friend," Dutta wrote in a post on X.

The statement sparked a heated debate, with users questioning the practicality of saving half their salary. One user countered, "Assuming 30% tax, one is left with 1.40 lakh net. Living on 40K and saving 1 lakh is u...