Posts

Showing posts from August, 2020

Can everyone be DEBT FREE?!

Image
A friend of mine asked - How can someone buy things without debt? How is that even possible? Life is impossible without debt is what he said. This conversation kindled me to write this. Can everyone be debt free? Is it really possible? No, everyone cannot be. It's  like asking can everyone be play for Indian cricket team. Nope, only those who work hard and have the determination to play will end up playing (let keep aside the politics). Frankly speaking, it's highly impossible to be debt free in your life.  In some way or the other we will be forced towards debt at some point in time. There could be some unforseen events like health issues for which we might go for debt if not covered with adequeat health insuranse. Whereas in all other cases we are forced to take loans, and that force is not external. We look around the society and force ourselves to buy things what is not needed at all.  There is no harm in taking debt to buy a house where you will live in for the