Is it possible for a middle class, salaried professional to save crores in just over a decade? Most of us are likely to answer that with a big NO. But Gurjot Ahluwalia, a techie from Gurugram (earlier Gurgaon), has proved most of us WRONG.
Gurjot, who currently works as a Senior Manager at Accenture Strategy, has shared his wealth creation journey on X (formerly Twitter). In the post, which has now gone viral, Gurjot has shared the screenshot of an app that shows his networth at ₹5 crore.
Embed Image Posted With Tweet: https://x.com/gurjota/status/1885982404784906496
Calling it a big achievement he wrote, “Hitting this milestone was my biggest achievement in 2024. A salaried middle-class person like me went from 0 to ₹5,00,00,000 in 11 years.” He also talked about the three key elements that were the key to his wealth creation journey.
Embed Tweet: https://x.com/gurjota/status/1885982404784906496
Sharing the details he further wrote, “3 Key Elements:
1. Professional Growth - high income
2. Aggressive savings - delay gratification
3. Equity investing - owning businesses.”
Gurjot also talked about the advantages he had over many other middle class professionals: He had no debt as his parents funded hi education, and he never had to pay rent.
Embed Tweet: https://x.com/gurjota/status/1885983618490618288In the same post Gurjot also clarified that in the recent market correction his net worth has reduced by 8-10%, but added a bullish note saying, “I can't wait for the next bull market to fulfill all my materialistic aspirations!”
The Key Takeaways
While all of us don’t have the same advantages that Gurjot has, but there are many learnings from his journey that can help in our wealth creation journey.The first one is level up your career. This will result in higher income, which will then translate into more investing power. The other learning is, saving like a boss. You should avoid those impulse splurges and say a strict no to “YOLO” spending.Once you have saved enough and invested that amount, then let your investments cook, especially the ones in the stock market. Because, as Gurjot wrote in one of his posts, “Long term investing can create huge wealth across asset classes!”
