Today news
About the same in other media
How to manage your EMIs, debts to save money during festive session
Reading now: 109
Buying things on debt may give you instant satisfaction, but it creates obligation to pay the amount from future earnings. So, buying a thing on debt or on equated monthly installment (EMI) may appear affordable, but making a habit of doing so may create tremendous financial stress on you in future.
In such a situation, any disturbance in future earnings may make you even bankrupt.
Even if you manage to stay afloat, too many EMIs may put severe constraint on your ability of future spending, even on essentials.
So, it’s important to restrict your desire and spend within your earning limits to ensure that you have capacity to spend during festivities to bring happiness among your near and dear ones.
“While your debts should not define who you
Read more on financialexpress.comAbout this in other media
How to manage debt, risks, asset allocation before starting to invest financialexpress.com /2 years ago
How to convert cryptocurrency to cash: Here are ways to bank your digital coin economictimes.indiatimes.com /2 years ago
Bitcoin: Your guide to how to identify the next ‘bottom’ ambcrypto.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
