‘₹12,000 for rent, 1.4L for daughter’s education’: Auto driver shocks people who have no savings despite earning ₹75,000 a month | Today’s news
Monthly income of car drivers is going viral on the internet. Earnings of ₹75,000 per month, he revealed his expenses. His biggest expense seems to be his daughter’s school fees, for which he budgets ₹1.4 million annually. He revealed that after all his expenses, including rent, food, EMI and vehicle maintenance, he ends up with no savings.
The driver earns ₹75,000
In fact, he said, he sometimes has to borrow money to pay his bills. His fight sparked a debate about the cost of education in India.
In the video, a man is seen interacting with the car driver in Hindi. The location remains unknown.
A man asks a car driver, “What’s your monthly average?” The driver shared that he earns around ₹75 thousand per month. He was then asked to provide a complete breakdown of his expenses, including gas, car EMI, house rent and household related expenses.
₹Tuition 1.4 million per year
The man then asked the driver how many children he had, to which the driver said he had a daughter. He added: “I’m not educated. I put her in a good school.” The car driver said he was spending ₹1.4 million per year for her schooling.
Despite the earnings ₹75,000, the auto driver said he has no savings till the end of the month. He added that he sometimes relies on a loan to stay afloat.
The video was shared by the financial services company on its Instagram account.
Netizens debate about the education system in India
Shortly after, the video went viral. In response, several users of the platform shared their opinion on the man’s financial situation.
In response to the video, a user wrote in the comments, “I think he can cut school expenses and invest 5-10k for his daughter so he doesn’t have to take out a loan for her college.” “Why education is so expensive in @India is a big business opportunity forever,” added another in the comments.
Someone else commented: “The 1.40L per year (laughing emoji) education system is a JOKE.”
Another user claimed: “Don’t have kids if your financial situation is not good.”
Disclaimer: This article is based on social media generated content and is for informational and educational purposes only. Live Mint could not independently verify its claims. He also does not approve of them.
