Category: Debt
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Avoid Debt
Standard of Living takes a deep dive… Mr.Homie would have initially showcased his brand new shiny apartment to everyone in his family/friends, but soon had to cut down on all expenses just to clear his loan. Some “smart” people will take personal loans to compensate for the cash crunch they…
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The Home loan Bubble
Owning a home is one of the hottest topic of discussion these days among Family/Friends. Some feel purchasing a house is a good investment even on loan and there are others who feel staying on rent is a smarter choice for a young Investor.
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Debt Trap – Peer Pressure
The dream house quicksand ! Mr.X is busy at work and suddenly an email notification ( “ting!!” ) appears on the right corner of the screen. The subject reads “Sweets at my desk, FCFS” from Mr.Y. We all know how the word FCFS ( First Come First Serve ) creates…
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Debt Trap – Social Media
Most of us are in debt ( Loan we Indians call it ) and pretty early in life. Ever wondered why ? Research has shown that the current generation don’t worry about the future or they feel that the future is a long time coming. There is plenty of time…
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