BEST DECISION - At What Age To Buy A House In India
At what age one should buy a house in India is a question that many of us need answer for. Is there a perfect age to buy a house in India (or anywhere else)?
In this video, I share 4 factors to consider before buying a house. These four factors will help you decide "At what age to buy a house in India".
I have heard multiple debates on best age to buy a house in India and I can say that each option should be evaluated carefully.
In India, many people hurry to buy a house in their 20s. We need to balance our emotions before making such a huge decision of buying the house as it's not just an investment decision, instead buying a house should be considered as a life decision.
Many people also say that don't buy a house ever. Just rent the house. The debate of renting vs buying a house is an individual's life term decision. Renting a house for entire life comes with its pains specially in old age. Buying a house at early age can impose financial burden of home loans.
Striking a balance between buying a house and renting a house is very important.
Balance between home loan and renting a house also needs to be there.
At early age, people should invest the money and create wealth before buying their house to reduce the financial burden of home loans.
🚀💥 You can also watch my video on home loan prepayment Vs Investment using link below.
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🚀💥My financial Plan 75 Lacs by 2030:
• Financial Planning in 2022
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