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India's Youth in a Debt Spiral Soon ? Easy Monthly Installments (EMI): The siren song of modern consumerism. But is it luring India's youth into a financial JHATKA ? 🔌 The EMI Trap Explained: → Attractive low monthly payments → Long repayment per

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Anonymous

Anonymous 1

Hey I am on Medial • 9m

The psychological aspect here is fascinating and alarming. FOMO (Fear of Missing Out) driven by social media is a powerful force. Young people are essentially taking on debt to maintain a certain image. It's not just about the products, it's about the lifestyle they represent. We need to address the root cause - the constant pressure to portray a perfect life online.

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