Скачать или смотреть Is Taking a Home Loan a Trap or a Smart Move?

Why do people think that if I take a home loan, I am going to be stuck for 20-25 years? It's not a trap if you are financially disciplined because you are actually creating an asset. If you don't take it, you want to save the money and buy it after 10 years. So, it's like you are pre-poning your dreams.

And the money you are paying in rent—that's not creating any value for you.
So, according to you, taking a home loan is a financially good decision and one should not be afraid of it?
Yes, see, leverage is always good if used well. It's a double-sided sword. It's like you are getting money to build something. The underlying principle is that you are financially disciplined. It's not like you don't have that much eligibility and you took more loans. Take as much repayment as you can. It's actually good for you.

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