Why is GenZ Taking LOANS?! | Financial Nihilism Part 2 | Ankur Warikoo Hindi
warikooMay 23, 202600:25:13

Why is GenZ Taking LOANS?! | Financial Nihilism Part 2 | Ankur Warikoo Hindi

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In this video, I want to talk about the silent epidemic of "Invisible Debt" that is swallowing an entire generation. I’ve seen so many young professionals who earn a great salary, yet wake up on the 2nd of the month with only ₹400 in their bank account because of a dozen auto-debits they barely remember signing up for. From ₹499 biryanis on BNPL to ₹15 Lakh wedding loans, we are being tricked into buying a lifestyle we haven't earned yet, just to impress strangers on Instagram.

I break down the brutal math of how a 36-48% interest rate on a credit card can turn a ₹1 Lakh bill into a 21-year-long struggle if you only pay the "Minimum Amount Due." We are living in a world where banks tell us we "deserve" luxury, but what we actually deserve is financial freedom and a life without the crushing weight of EMIs. My goal with this video is to help you break out of this golden cage and fix your CIBIL score.

#DebtTrap #GenZLoans #warikoo

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