Priyanka Personal Finance
Smart Paisa · Simple Baat · India
Smart Paisa · Simple Baat · India
Apne loans aur credit cards likhein, har mahine jo extra de sakte hain wo jodein — dono methods ki tulna dekhein: debt-free hone ke months, total interest, aur pehle kis karz par attack karna hai.
Sirf estimate · Financial advice nahi · Fixed rates aur payments, monthly compounding maanta hai · Prepayment charges (agar hon) shamil nahi · Method koi bhi ho, credit card dues pehle chukayein
Dono methods ek jaise shuru hote hain: har karz ki minimum EMI bharein, aur har extra rupaya EK target-karz par lagayein. Target chukte hi uski EMI agle target mein jud jaati hai — payments samay ke saath "snowball" ki tarah bade hote jaate hain. Fark sirf order ka hai:
Upar ka calculator aapke asli debts par dono ki month-by-month simulation chalata hai — chunaav ab theoretical nahi rehta.
Agar upar dikhi avalanche saving badi hai (₹20,000+), to avalanche lein — ye asli paisa hai. Fark chhota ho to behavioural research kehti hai snowball chunein: jo log kuch mahino mein ek karz poora band hote dekhte hain, wo safar poora karne ki kahin zyada sambhavna rakhte hain. Chhoda hua plan kuch nahi bachata.
Ek India-specific rule: credit card karz (36-42% saalana) dono methods mein emergency hai — ye kisi bhi investment ki kamai se tez badhta hai. Card dues hain to wo hamesha target #1 hai. Us ladai ke liye dekhein hamara Credit Card Payoff Calculator.
Sab debts ki minimum EMI bharte hain aur har extra rupaya SABSE CHHOTE balance par lagate hain. Wo chukte hi uski EMI agle sabse chhote mein jud jaati hai. Interest mein thoda nuksan hota hai par jaldi jeetein hausla banaye rakhti hain.
Sab debts ki minimum EMI bharte hain aur har extra rupaya SABSE OONCHI interest rate par lagate hain (aam taur par 36-42% wale credit cards). Mathematically ye hamesha sabse zyada interest bachata hai aur aam taur par sabse tez hai.
Avalanche zyada interest bachata hai — calculator aapke debts par exact rakam dikhata hai. Par research kehti hai snowball se log safar poora karne ki zyada sambhavna rakhte hain kyunki early wins hausla zinda rakhti hain. Sabse achha method wahi hai jis par aap tike rahein; fark chhota ho to snowball chunein.
Lagbhag hamesha pehle credit card dues — 36-42% interest par wo kisi bhi investment ki kamai se tez badhte hain. Phir personal loans (11-18%), phir vehicle/education loans, aur home loans sabse aakhir (8-9%, tax benefits ke saath).