A very close friend of mine booked a house in Gurgaon....his thinking that this is a good time as well as a good age to take a house. Another one searching for a house to take so that he can have peace of mind for the rest of his life.......and what am I doing? I am looking for a loan so that I can open 3 more branches of my small business which I started almost as soon as I started earning...and have since been putting most of my savings into it (it HAS started paying back now so I feel that is a good thing...)
Now my thinking...am I lucky that I have a liability in the form of a business to take care of? Because once I had done these things...namely:
- Invested in a house, car and other "basic" amenities required in the future....
- Put most of my money in EMI's for loans for all the things purchased/booked in point 1...
- Become comfortable thinking that whatever I have taken in point 1...and will be paying off through point 2....is all that I need....