Without a proper plan in place, taking on debt at an early age can have a long-term impact on wealth creation
Chaitanya Hemrajanai was overjoyed to secure a placement offer from a global smartphone company even before completing his college last year. However, the 26-year-old had a major responsibility from day one of his job—pay back a loan of ₹19 lakh that he had taken to finance his MBA.
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