Ideas for Savings with Home Loan monthly EMI in India
As it turns out, thousands take home loan in India by the age of 25 or 30 to buy a house they want to live in, instead of paying rent. Monthly EMIs can range anything from 15K to 50K.
Considering that an average family's income is around Rs. 50-60k and has an EMI of Rs. 25,000, what are your ideas for maintaining savings, inspite of all the basic expenses that a family of 3 or 4 people can't do without? Know anyone around you (family/friends) who is already doing it? Any suggestions, ideas, opinions are welcome.
Considering that an average family's income is around Rs. 50-60k and has an EMI of Rs. 25,000, what are your ideas for maintaining savings, inspite of all the basic expenses that a family of 3 or 4 people can't do without? Know anyone around you (family/friends) who is already doing it? Any suggestions, ideas, opinions are welcome.
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