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EMI TRAP
Rs 1 crore home today or Rs 1 crore portfolio later? 32-year-old weighs his financial options for long term wealth buildingA 32-year-old professional earning ₹2 lakh per month sparked a debate on Reddit after asking whether he should buy a ₹1 crore flat through ...- Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
- No cost EMI a scam? CA warns why it can be a financial trap targeting middle classNo-cost EMIs are popular in India, making big purchases seem affordable. Chartered accountant Nitin Kaushik warns this is a psychological s...
- Bengaluru techie earns Rs 1.7 lakh a month but still wants to sublet a room in his new home: 'Part of me feels trapped'A Bengaluru tech professional is experiencing significant financial stress after purchasing his first home. Despite a good salary, the home...
- Paying home loan for 30 years? CA explains the hidden trap behind the home loans and the only way to beat itHomebuyers often overlook the true cost of 30-year home loans. Early EMIs primarily pay interest, not principal. Chartered Accountant Nitin...
- You are paying more, not saving: CA Nitin Kaushik explains why 'affordable car' through EMI might be a trapA ₹25,000 monthly car EMI over five years totals ₹15 lakh, but the real cost, including interest and depreciation, is significantly higher....
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- From Rs 5 lakh to Rs 25 lakh salary, still broke? CA warns about a dangerous money habit that can destroy your financesA chartered accountant warns that rising salaries can lead to financial stress if spending increases at the same pace. Many professionals u...
- Spending Rs 10,000 extra today could cost you Rs 24 lakh later. CA warns against 50-30-20 financial ruleHigher salaries can lead to increased spending, hindering wealth creation. Chartered Accountant Nitin Kaushik explains the 50/30/20 budgeti...
- Luxury schools, big EMIs, premium vacations: CA warns why not low income but expensive expectations is a financial riskUrban Indian professionals face a new financial risk. High salaries no longer guarantee peace of mind. Rising lifestyle expectations trap m...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Income rising but savings shrinking? CA explains the ‘middle class trap’ hurting salaried workers but they don't even knowA LinkedIn post by Bengaluru-based CA Meenal Goel has sparked discussion online after she described how many salary hikes today barely keep...
- Why Rs 40 LPA earners don’t feel richer than Rs 20 LPA earners. CA explains the hidden reasonHigh salaries do not always bring financial peace. Chartered Accountant Nitin Kaushik explains how lifestyle inflation traps urban professi...
- ‘AC runs 24x7, 50-70% salary goes into loan’: Noida man questions metro life, says Rs 25,000 in village and Rs 1 lakh in city ‘is equal’A Noida resident’s viral video comparing luxury apartment living with village life has triggered a massive online debate. Despite showing p...
- 'Reels me smile, real life me stress': Influencer shares a brutal truth about life after 40 in India and how to correct things before 50A viral video captures the unspoken struggles of Indians navigating life after 40. It reveals the pressure of balancing family, career, and...
- 25-year-old earning ₹1L/month asked to take ₹92 lakh loan for parents’ property deal; family expects flat value to soar in 5 years; sparks debt trap concernsA 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...
- Home ownership not a ‘safe asset’ in 2016? CA explains why buying a house has become financially unrealistic for youngstersA post by Chartered Accountant Nitin Kaushik has sparked debate online after he claimed that buying a house in today’s market has become “m...
- Earning Rs 20 lakh can still leave you middle class? CA’s warns about silent money mistakes urban Indians makeMany professionals earn lakhs but face financial anxiety. Chartered accountant Nitin Kaushik warns that high salaries can become a 'high-sp...
- Wealth building mistake many make: CA warns about 'automation' trap that quietly drains bank balances every monthA Chartered Accountant has highlighted how rising EMIs, rent, SIPs, and other automated deductions are leaving many salaried individuals wi...
- Your income grows, but EMI remains same. CA shares a blunt warning for home loan borrowersMany Indians take home loans and keep their monthly payments the same for decades. As salaries increase, this comfortable approach benefits...
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