EMI Driven Family or Investment Driven Family ??

What kind of family you run ? Investment Driven or EMI(Equated monthly Installment) Driven??

festive season around many hop on to malls,market to shop, these days online market place has even made EMI very easy buy on Credit card and convert them to EMI.. 

EMI is good if you are buying Real Asset like buying Flat and renting out and seeking for Cash flow to cover the EMI or at least for Interest component, but few don't really differentiate they just splurge with EMI, without looking pros and cons. few of my friends who are earning good

pay just go and indulge into Foreign trips on EMI.. yes we all need holiday or break but Holidays shouldn't come with sweat cost of working hard for perpetual Credit Card EMI payments.
read this link http://www.rediff.com/business/report/taking-loans-to-repay-card-dues-is-not-smart/20161007.htm

If you are using Credit Card Keep in mind  " THINK TWICE BEFORE YOU SWIPE "

Investment Driven Family will be looking for opportunity for investment they leverage EMI to buy Real assets at same time they do enjoy holidays but how ? All you have to do is to have Plan that covers your desire to go on  Foreign trips, create a corpus or invest for next 1-2 year into stocks or mutual funds(Balanced) or risk free instruments, take out only the returns and start accumulating for your trip in this way you are creating Paper Asset which will support your retirement and desire to travel.

                                                                " Success is the sum of small efforts, Repeated Day In & Day Out "