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Money Trap 3: Borrowing more than the requirement

Saturday, May 13, 2017, 8:02 AM

Interest on debts grow without rain. Borrowing more than you require, is like knocking on the doors of poverty. Combined EMIs of all your loans should not be more than 45-50% of the total income. So in order to be financially fit make sure that you do not exceed these at any cost.
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