Money and Debt - Are they related??

Money is the force which reflects the state of your personality. Money is required from the time you get up in the morning till the time you go to your bed to sleep. The morning starts with a tooth paste and brush and ends with a glass of milk. Well this is a routing task which I was talking about.


Now lets go a step ahead and look at the situation, In todays expensive world, building your dream house or buying your dream car has indeed become a dreamm due the sky rocketed increase in the price of the land because of the real estate boom, today a salaried man or a mediocre business man cannot afford to build his dream house, unless, he arrange for a finance in the form of loan from the financial institution like banks, companies, money lenders.

there are two types if loans they are

secured loans A loan which is taken against the security for ex: mortgage of land, gold,etc.
and personal loans A loan which is taken for personal use and short term loans ex: Buying a furniture,Television,Refrigerator,XboX.etc.

In todays world the school and college education has grown n fold times. Its my personal experience , I have paid my daughters pre nursury eduction fees for a year, equivalent to my husbands and mine till date education , which was even less than that.

A penny earned is penny saved.. so save as much as you can and also lead a happy life. Invest your hard earned money into safe deposit, buy some gold , invest into the IPO of good companies and nevertheless charity.