Invest in SIPs, don't buy a car: Influencer faces backlash over financial advice

An Indian influencer is facing backlash after advising followers to invest in Systematic Investment Plans (SIPs) instead of purchasing cars. The influencer’s rationale was that cars are depreciating assets, whereas SIPs offer long-term financial growth. Critics argued that the advice was impractical for people who need vehicles for daily commuting or work-related purposes. Nonetheless, the debate sparked discussions about financial planning, with many supporting the influencer’s focus on wealth-building strategies over lifestyle purchases.