Caveat - I never recommend anybody to take debt upon themselves for the simple reason that the one who has taken debt upon himself has an obligation for the other who has given it. And obligation, I feel is not freedom. Now for the topic...How did I take and paid off my home loan. Factors…
BEWARE OF “THE POWER OF COMPOUNDING”
Most of us would have heard stories relating to the “Power of Compounding” from different writers of the investment world and the part played by “compounding” in the path towards achieving Financial Independence. Many of us must have heard of only “Positive” compounding. Well, what do you think of Borrowings, inflation, etc. Please remember: COMPOUNDING…