In a world obsessed with flashy side hustles and overnight riches, Chartered Accountant Nitin Kaushik has unveiled what might just be the most refreshingly boring wealth formula. According to his latest insight, the path to steady riches doesn’t necessarily require juggling side businesses or inheriting a family fortune.
Instead, it champions a simple approach: set it and forget it investment strategies that earn while you sleep.
Breaking away from the noise of entrepreneurial hustle culture, he advises individuals to focus on disciplined and consistent investing habit— a method that’s not only time-tested but also surprisingly low on drama.
He emphasized the importance of every rupee invested and said that it becomes a tireless worker that operates around the clock. It does not ask for breaks, benefits, or promotions.
His insight: Money invested strategically becomes an invisible but powerful force. It continues to grow and form the foundation for lasting financial independence.
Wisely Use the Power of Time and Compounding
Kaushik shared an example of how a monthly investment of Rs 10k at an interest rate of 8% p.a. can turn into 18.29 lakh in a decade, Rs 59.31 lakh in two decades, and a staggering Rs 1.5 crore over thirty years.
Through this, he wanted to show how money multiplies with consistency and patience.
Building the Wealth: Simple Steps
The list of examples includes; 1st begin immediately irrespective of how small the amount is. It can be Rs 1000 per month but after some time it becomes a meaningful sum.
Also, he encouraged that one should focus on assets that can grow in value and generate income. For example, equities, real estate, and mutual funds. Again, he emphasized the reinvestments of the returns instead of spending them.
Avoiding Common Financial Mistakes
Kaushik advises to avoid unproductive debt like credit card bills, loans for luxury items, and more. Instead, he says to get involved in productive debts like home loans or business loans. This way, one can acquire appreciating assets.
For those tired of chasing the latest side gig trend or feeling the pressure of a family business legacy, Kaushik’s message is clear: sometimes, the best wealth trick is to keep it straightforward, stay invested, and let the market work its magic — all while you catch those Z’s.
So, if you’re looking to build a nest egg without turning your life upside down, it might be time to embrace Kaushik’s boring but brilliant blueprint. After all, financial success that doesn’t keep you awake at night is a formula worth considering.
