Debts are basically of TWO TYPES -
1. Good Debt
2. Bad Debt
Do Understand the Difference between both of them...
Avoid debts on products that will not appreciate in value.
Use Financial Intelligence teaches to avoid reckless spending from your ACTIVE INCOME on ULTRA LUXURY ITEMS on HUGE EMI's.
Debt is Generally a Burden.
Always prefer SIP over EMI's.
Do concentrate on Generating at least 5 PASSIVE INCOME Sources.
Have a Great festive Week Ahead....
Happy Investing😊
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