Inflation’s bad, but those “buy now, pay later” vibes? Worse. A new insight from financial expert Tapas Chakraborty shows that EMIs are silently bleeding India’s middle class. From phones to groceries, people are drowning in monthly payments—and saving almost nothing. Three in five Indians are juggling three or more loans. The trap? Earn ➡️ Borrow ➡️ Repay ➡️ Repeat. That’s no way to live or grow. Time to rethink those swipe habits?
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EMIs > Inflation in harming middle-class finances
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60% of Indians manage multiple loans
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Mid-month stress = low productivity & high burnout
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No savings = no safety net
Also, one of the reasons why the middle class is chasing expensive brands is explained by a market expert.💼
👉 Why this matters: Debt overload is silently slowing India’s economy and wrecking financial well-being.
🔗 Source: India Today
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