Entrepreneur and content creator Ankur Warikoo has shared a candid message for people who feel trapped by EMIs and loans, saying that expensive possessions such as cars, houses and smartphones can become "chains" if they leave little room for financial freedom.
In a post on X, Warikoo responded to a question from one of his team members about how to stay motivated when a large part of one's monthly income is consumed by education loans, home loans, EMIs and other financial commitments. The question reflected a situation faced by many working professionals who feel they are working hard every day but are unable to invest, travel, pursue personal goals or simply enjoy life because most of their salary goes towards repaying debt.
