EMI vs SIP

[psycontr]

💥 “You cannot borrow your way to prosperity.” – Warren Buffett

This festive season, India’s EMI culture is on full display. Nearly 70% of iPhone buyers pay via EMI, and 93% of salaried Indians earning under ₹50,000 rely on credit cards for daily expenses (Financial Express).

Buffett’s timeless reminders feel urgent today:
1️⃣ Save before you spend.
2️⃣ Use credit only for convenience, never as extra money.
3️⃣ Let compounding build wealth, not debt.
4️⃣ Keep a cushion so you’re never forced into borrowing.

The danger isn’t one EMI. It’s how easily they multiply until 30–40% of your income is gone before payday.

So, before swiping this Diwali, pause and ask yourself:
👉 Am I buying freedom, or selling it?

🎯 Because true celebration is financial freedom, not a festival of EMIs.

Inspired by and with due credit to “Warren Buffett’s warning for India’s EMI generation” – Parth Parikh, Financial Express

[7691]

Warren buffet in top 10 richest people in world. He lives on simple flat.

11 gaadu emo ekkada padithey akkada palace lu. Gpay tammullu meeku content ichanu. Social media lo viral cheyyandi

[jefferson1]

How does SIP Work?

[Kootami]

Even in us we buy ipone or any other phones under payment plans right