Debt Management Sandeep Gautam
Chanakya Hindi Thought
academy un EFFECTS OF DEBTS. 1. HYPER-TENSION 2 ANXIETY 3. BLOOD PRESSURE 4.STRESS 5. DEPRESSION 6. CREATIVITY 6 of 11
POINTS PLANNING 1. First, know your debts &list them. 2. Pay incremental and gain Exponential. 3. OLX pe beach do..( For EMIs) 4. Temporary Downsizing. 5. Pay Loans with your second Income. 6. Have an Emergency Savings. 7. Budgeting is Blessing. 8. Use extra income to end your debts first.
ersonal LoanHOMe LOAN Edlu lea UnSecuxed Loan Car Leam
List Your Debt By The Interest Rate. Interest Loans. Home Loan. Car loan. Education loan. Personal loan. Unsecured loan. Credit cards. 8.3% 9.0% 10% 12% 20% 32% Pay with minimum maintenance Speed-Pay
Pau Incremental and Gain Exponential Case 1 Case 2 Case 3 Parameters 5,000 10,000 20,000 EMIs 41 Months 13 Months 6 Months Time Boundation 2 Times 4 Times Payment NIL 3 Times 7 Times Benefits 2,05,000 1,30,000 1,20,000 Total Amount
Rate Review Recommend
PAY LOANS WITH A SECOND INCOME. Husband. Salary. 1. Expenses 2. Savings. Wife. Salary 1. Loans pay-off
Temporary Downsizing 1. Party expenses 2. Entertainment expenses. 3. Gratification expenses 4. Netflix, Hotstar. Bye Bye! 5. Show off things.
Simple criteria Useless Things that haven't use for more than one year) Depreciating Assets.
BUDGETING 1. Calculate03-04months expenditure. 2. Make a spreadsheet 3. Data-driven approach.
Category Budgeted Amount Spend Amount Remaining Amount Electric Bill Rent Food Credit cards Investment Entertainment
USE YoUR EXTRA TN COME FOR EM
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Graduted from DU in Commerce. Pursuing MA Economics from FMS. Aiming UPSC CSE in future. Traveller | Bird Lover. Love to Dance and Guita