Husband & wife together earn about ₹ 90 L @ 45 L each
Working for over 16 years
Dream car purchased 🤔
On road price in Hyd is apparently ₹ 65 L
EMI per month for the next 5 years is about ₹ 90,000/- ….(😳🤔 Equation doesn’t add up, unless a decent down payment is made while.purchasing)
If I take the entire ₹ 90L as the couple’s take home salary (which isn’t), the EMI is @ 10% of their combined salary. Else, it will be in the range of atleast 25% +, mostly (later clarified in the article – it is 1/3 rd of her salary🤷🏼♂)
What will be the value of this car in 5 years? from a value perspective
The closing statement from the lady…. it’s a kind of symbol of my journey – Good luck 👍🏼
and continues …..”One thing, whatever happens – I will Not Leave My Job because a job gives me stability & financial independence”
……………
We don’t leave a job, mostly the job leaves us – that’s the ultimate truth 😌
Financial Independence – yes, it comes from Earnings & stability of those earnings make us feel good. But, both earnings & stability can vapourize as fast as camphor
At the end….
We are none to judge anyone’s dream purchase (it’s their earnings & their spend) – just that – we’ve seen too many fall into that materialistic purchase trap way too often.