Visit the link to read more good article by By Dhirendra Kumar of Value Research online
P is a youngish executive with an annual income of Rs 10 lakh. Over the last few years, he has taken massive loans for all sorts of reasons. So much so that last year, his annual EMIs amounted to a total of Rs 5.4 lakh. What’s worse is that he is also unable to cut down on his expenses by much. Last year, he spent a total of almost Rs 16 lakh.