A couple of years ago a gent came to me for advise. Had PL, car loan, Home loan, Gold loan et al. Plus a huge Credit Card outstanding as well. I had a simple advise. Gave him ONLY one focus. Get rid of all loans. (2)
In this order. 1. CC, 2. PL, 3. Car Loan, 4. Gold Loan etc.
I said I will provide advise on
a condition. That he has to cut all his credit cards and send me a picture.
Wonder if wonders
He sent me the picture of 4 cut credit cards.
The gent cleaned up all his loans yesterday (3)
And called me today! To thank. And also continue taking advise. Plus he is ready to pay a fees!
Such events are not rare anymore for me. I am happy that the intermediary community is able to make a difference to the lives of people.
Proud to be one.
(4)
And today, I feel so content that someone who I have never met calls me to say that I guided him to light. Made me squirm in my seat. Not used to praise (not praiseworthy), but happy that I played a role in someone getting happiness. (5)
And after all that, the fact remains this. I can only show the door. You are the ONE who makes a difference to your own life!
God bless you dear clients! Group hug! 😍😍
/fin
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1. One wrong decision in life can extend your retirement age by many years. A small thread
A 40+ gentleman ended up buying an under construction apartment from a once reputed builder who went bankrupt. #personalfinance#retirement
2. Stuck with a builder who doesn't exist, banks which are charging EMI anyway & virtually getting choked on both ends apart from paying a rent.
a. Rent
b. EMI for a house that's not there
c. No income from the property because it doesn't exist #personalfinance#retirement
The thought of reaching retirement at say 55 has now been shattered & there's no guarantee that the gent is unsure whether he can reach his retirement target. The worst decision happened to be purchasing an "under-construction" property. #personalfinance#retirement