I’m 29, earning ₹60,000/month but have 3 EMIs (bike, phone, and education loan) totaling ₹32,000. I feel stuck and unable to save. What should I do?
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Prioritize clearing the smallest EMI first using the snowball method. Consider a loan consolidation plan if interest is high. Cut discretionary spending for 6 months. Once 1 EMI is gone, redirect that money to pay off the next. In parallel, set up a ₹10,000 emergency fund to avoid future loans.
Aman Munjal Changed status to publish
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