Broke at 29 with buying house in Mumbai. Need advise..
Hi guys. I am software engineer from Mumbai- 29M, recently I bought house. For this I have 61L home loan + 10L personal loan + 5L gold loan + 5L I took from friends.
I have decent paying job, which gives me 165K per month. Currently no saving left, whole spend in buying home.
We are three in family me and my mom dad. Currently I am the only person with source of income.
Sometime I just can’t sleep imagining, how much debt I have now and I don’t have single penny saving now. Yet marriage is pending.
My surrounding everyone is like appreciating my salary and new home. But I am not able to digest how can I figure out by when all these debt will be finished and how can I start saving again and will there be time?
Seeking suggestion please guide!