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Niket Raj Dwivedi
ย โขย
Medialย โขย 22d
๐ธ The EMI Epidemic- The silent trap thatโs swallowing an entire generation- one โmilestoneโ at a time. Most Indian graduates start their careers earning < โน50K/month at 22 or 23. By the time theyโre 27 or 28, many manage to reach โน1-2L/month. Sounds like progress, right? But this is exactly when society whispers: โItโs time to settle down.โ That whisper quickly becomes pressure. And that pressure becomes EMIs. What does "well-settled" mean today? Let me break it down: โ Car EMI โ โน15K/month for 5 years โ Home loan EMI - โน80K/month for 20+ years โ iPhone EMI - โน5K/month for 2 years โ TV, trips, gadgets - โน5-10K/month โ Wedding loan - โน30K/month for 3 years (yes, wedding loan is a thing) Even if you do everything right and hit โน2โ2.5L/month in a Tier 1 city- youโre still spending โน1.5L+ on EMIs every month. But life doesnโt care about your Excel sheet. ๐ You could get laid off. ๐ You could get into an accident. ๐ You could burn out. And just like that, youโre trapped. Not because you werenโt capable- but because you played someone elseโs game. Iโve seen so many friends get stuck in this cycle. Living paycheck to paycheck in Gucci belts. No emergency fund. No breathing room. Just status symbols bought on monthly payments. ๐ My advice to young professionals: If itโs a personal expense, avoid EMIs. Avoid debt. Youโll breathe easier, sleep better, and live your life- not one dictated by relatives, rishtedars, or Instagram reels. Donโt buy a house because society says you must. Buy it when you have the cash- even if itโs at 35 or 40. Youโre not late. Youโre just not rushing. Break the cycle. Choose freedom over flex. Be smart. P.S.- I had to write about this after a long conversation with a close friend who is super stressed about all his EMIs and never ending expectations.
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