28 July 2022

Freedom From Debt

Aprajita Sharma
Investing is an important part of your financial life. Ideally, a larger chunk of your income should go into investing, but in many cases, debt devours most of it. It’s difficult to not give in to debt, with some type of loan beckoning at you at every step, promising to offer a better lifestyle and easy cash. Credit card and BNPL (buy now pay later) loans are some examples of these. On top of that, most households have bigger debts for different needs. For example, you may take an education loan for higher studies, a home loan when you feel ready and find the house of your choice, and a car loan and personal loan for other needs, among others. It won’t take much time for the debts to pile up, if you are not conscious enough. Loans can weigh down on your finances and lifestyle for which you took the debt in the first place. Debt-free life is stress-free life. Marketing...
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