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Chamarti Sreekar

Stealth • 1m

-70 out of 100 iPhones are bought on EMI. -80 out of 100 cars are bought on EMI. -60 out of 100 homes are bought on EMI. People are taking loans for almost everything these days. But here’s the difference: Rich people borrow to build assets, while poor people borrow to buy liabilities. Choose wisely.

6 replies8 likes

Replies (6)

Anonymous 3

Stealth • 1m

Looks like whether it’s an iPhone or a house, we’re all just one EMI away from financial freedom or financial chaos. Just remember, not every shiny thing is an asset; some might just be liabilities in disguise

0 replies

Anonymous 2

Stealth • 1m

Credit is a scam to just keep you locked in. Don't fall for it bros.

0 replies

Anonymous 1

Stealth • 1m

Yaar cars are a necessity for some and a high ticket purchase does warrant an emi same as a house but I agree, this phone thing on emi is ridiculoud but wait till you find out that you can buy a trimmer off blinkit on EMI too.

1 replies1 like

SHIV DIXIT

Stealth • 1m

let them enjoy their life even you have only 80 years left

1 replies2 likes

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Ashutosh Mishra

Stealth • 3m

Teach personal finance how to use credit cards and EMIs effectively and on any specific launch (iPhone today) tell the world that 70% people buy on EMI and they can’t afford it.

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Kishan Kabra

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Don't you think ACs are not luxury anymore, people who are buying Coolers spending 10-15k earlier are now willing to buy ACs. Is individual income really increased or it is because of EMI? Ya phir garmi zyada hai? 😅

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Anonymous

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Although there is lots of people on medial , but I didn't see any post with 100+ likes 🥸

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