5 Middle Class Traps Preventing Us from Becoming Rich | Where Indian Middle Class is Wasting Money

Описание: Many people in their 30s and 40s face a stark reality: trapped in a cycle of debt that prevents them from taking a break, even from stressful and unproductive jobs. While some might have savings to cover a few months' living expenses, the real burden lies in their loans.

Imagine this: EMI payments exceeding monthly living costs, leaving no room for savings. Every month, they're tethered to their salary, unable to afford a single break until the loans are repaid. With some home loans stretching over 20 years, this translates to two decades of being chained to one's career, regardless of personal satisfaction.

But why is this happening? Why are so many middle-class people drowning in debt? My conversations with friends shed some light on the answer. In a follow-up video, I'll delve into the key reasons why people fall into this debt trap and explore where middle-class individuals might be unwittingly spending their money.

This video has the answers. This video will explain those things on which middle class people are wasting money. We'll walk you through five common money mistakes that keep Indian middle-class people from getting rich.

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© Pishukkan Episode 126

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