Emi Trap: Viral video warns against the ‘EMI trap’; internet divided over whether debt is worth it |
EMIs have become a part of everyday life. Whether it is a car, a phone, or another expensive purchase, paying in monthly installments has become common. For some, it is a smart financial tool. For others, it marks the beginning of long-term financial pressure. A viral Instagram video has now reignited this debate, with thousands…