Discover The Secret Trick To Lower Your EMI Before Buying A Phone | Paisa Live

Recent data reveals that 65% of smartphones in India are purchased through EMI schemes, with many consumers mistakenly believing that these plans come at "zero cost." However, this perception is misleading as the cost is ultimately borne by the consumer in other ways. Robert Kiyosaki’s principles from "Rich Dad Poor Dad," read by many in their early twenties, stress the importance of understanding the difference between assets and liabilities and prioritizing personal investment. Kiyosaki suggests investing in real estate for rental yield, a strategy effective in the U.S. due to low interest rates and high rents. In contrast, the Indian market differs, yet the fundamental advice of investing first and managing monthly expenses with remaining funds remains relevant.