The tendency to spend more as your income grows — known as lifestyle inflation — is human nature, says Sachin.
“The more you earn, the more luxurious your lifestyle gets, and the larger your expenses. So while you are earning more, you might feel a lot poorer,” adds the venture capitalist, who admittedly has his eye on fancy cars and watches.
Because of this, Sachin counts himself lucky to have a wife who keeps his material wants in check.
“I'm quite fortunate that I have a life partner who keeps me grounded. She is very chill and low maintenance; I’m the one who’s always telling her to go out and buy herself nice things.
“I try not to be too attached to material things. I don’t have a watch, and it’s not that I can’t afford one, but it’s because I already have a phone that shows the time,” he says....