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MONTHLY HOME EXPENSES
At 28, Symbiosis Pune graduate bought home near Paris with her own money. How much did it cost? Woman explains why she did not stay on rentA 28-year-old woman from Tripura, who bought an apartment near Paris, has shared a detailed breakdown of the hidden costs of homeownership ...
'Wow, what a son he is': Man warns of the pressure behind buying homes and cars on loans, sparks online debateSocial media user Amit warned against the EMI trap, saying buying a house or car to meet personal or family expectations can come with hidd...
I want Rs 1 lakh/month from my Rs 1.15 crore PF and gratuity corpus; how should I invest?ET Wealth Reader's Query: I will retire in four years. I have Rs 95 lakh in Provident Fund savings and expect Rs 20 lakh as gratuity. I hav...
Bengaluru CA, ex-KPMG employee, thought Rs 1 crore would make her rich. She was wrongHigh salaries do not guarantee financial freedom as lifestyle expenses often increase. Meenal Goel notes that income alone does not determi...
Quote of the day by John D Rockefeller: 'Save when you can and not when...' Life lessons from inspiring quote on proactive saving, reactive panic, emergency fund, consistent investments and financial disciplineQuote of the day by John D Rockefeller highlights the importance of saving money before financial problems arise instead of waiting until a...
Best visitor insurance for parents visiting the US: What NRIs should know before buying a planIndian parents visiting the United States often require visitor insurance for medical needs. Healthcare costs in America are very high, cre...
'It's a gold-plated trap': CA's viral post says Gurgaon's Rs 2-lakh EMI homes are just an illusion of wealth created for neighboursA chartered accountant highlighted Gurgaon's luxury lifestyle as debt-driven. High-earning professionals face large EMIs, trapping them in ...
Housing crisis threatens longevity and wealth as affordability gap persists through 2040: WEFHousing unaffordability will remain a defining economic and health challenge through 2040, with the World Economic Forum and Marsh warning ...
Think luxury SUVs in Gurgaon mean wealth? CA says many owners are trapped by Rs 2 lakh monthly EMIsChartered Accountant Nitin Kaushik highlights debt behind luxury living. Many professionals face high EMIs and career stress due to these o...
Bengaluru home prices leave Rs 90 lakh income couple confused. Buy or rent? How much income needed for ownershipA Bengaluru couple earning a combined annual income of Rs 80-90 lakh sparked a discussion on Reddit after questioning whether buying a flat...
Earning Rs 30 LPA does not mean you have 'made it to elite club': CA warns and shares the real-world mathA Rs 30 lakh annual salary is a significant achievement for many professionals. However, this income does not automatically ensure financia...
Rs 45,000 salary but no freedom: Delhi woman shares how one skill led her to quit corporate job, took her to Spain and helped her survive 6 months in SwitzerlandSneh Gaur left a Delhi corporate job seeking personal freedom and control over her schedule. She mastered Spanish, which opened doors to te...
Is buying a home still the way to wealth? Some young Americans aren't sureRising home prices, borrowing costs and maintenance expenses are making many young Americans question whether buying a house remains a good...
High tomato, LPG costs keep household meal bills elevated: ReportHousehold food expenses face continued pressure from elevated tomato and cooking gas prices. Vegetable oil costs also contribute to the ris...
'Your car, house, phone are chains': Ankur Warikoo on EMIs and loans; reveals when he had minus Rs 30 lakh net worthAnkur Warikoo advises young professionals to liquidate choices leading to debt. He stresses taking responsibility for financial decisions a...
EPF withdrawal rules explained: How many times can you withdraw PF for illness, marriage, education, home purchase and special circumstances?Latest EPF withdrawal rules: EPFO subscribers can withdraw funds for specific needs like illness and education. Withdrawals for marriage an...
Is your home loan ruling your life? Know the hidden cost of a big EMIMany Indians stretch finances for dream homes, but hefty home loans lead to years of uncomfortable choices. Borrowers face lifestyle compre...
Financial independence for children: How families in the US and India split the bills when adult children stay homeIn the United States, those graduating in the 21st century especially have been seeking to return to the homes of their boomer parents. In ...
Rs 5 lakh medical emergency led him into Rs 15 lakh debt: 3 warning signs of debt trap that get ignored, financial advisor explainsA financial advisor has shared the story of a Pune-based operations manager who saw his debt rise to over ₹15 lakh after taking a loan for ...
Bengaluru techie, earning Rs 45 LPA, shocks Internet: ‘I don’t have anything left…’A Bengaluru tech professional earning Rs 45 lakh annually confessed to feeling 'broke' due to his spending habits. His monthly expenses, in...