5 Financial tips for young adults to make the most out of their monet
5 Financial tips for young adults to make the most out of their monet
If you are a young adult at the cusp of your responsible life, no non-sense financial management is of great importance to you.
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Updated: Jul 27, 2021, 11:43 AM IST
Young adults in their late 20s and early 30s are the ones starting their lives. If you are a young adult at the cusp of your responsible life, no non-sense financial management is of great importance to you. While the millennial generation believes in living life as it comes, you must also start learning and applying ideas to accumulate wealth.
Highlights
Five things to be mindful before buying house.
Check your builder, cibil score and more.
New Delhi: Owning our dream home has been a dream that we all of us had at some point in time in our lives. At the very outset, the purchase of a house or apartment needs the financial planning. And there are a lot of things that go into consideration while we are at gathering the required money to purchase a home.
Here are five things to be mindful of before buying a house in 2021.
Home Loan eligibility
The loan that the Banks are going to sanction to you depends on how much your take home pay is. Your in-hand salary is a big parameter for banks to decide the quantum of loan. For example if your take home pay is Rs 30,000, it is unlikely that you will get a loan worth Rs 50 lakh. Do check with the bank first, on how much is your loan eligibility.