Preparing for UPSC exams involves considerable financial implications. The costs can include coaching fees, purchasing books and study materials, and subscription to online resources. Many aspirants opt for coaching institutes which can be expensive, often ranging from a few thousand to several lakhs of rupees. Additionally, candidates may have to account for resources like newspapers, magazines, and mock test series, which also add up over time. Moreover, potential lost income during preparation periods due to the focus on studies may further strain finances. Therefore, effective budgeting and planning are crucial for aspirants embarking on this journey.