As loans become costlier & every place now is at walking distance, what to do?

I agree with Srikar,

The first show of a cenema may cost 500 Rs. after one week it may get down to 100.But our grace and greed, make us to pay in vain.There are four cars in a house , making pollution .Why dont you walk as far as possible.We are ready to pay for doctor, but we never be a common man.

Do as much savings as you can & start paying some % or part of your housing loan or car loan as balloon payment & try to get rid from it as early as you can.

Try to invest the savings in more trusted option & in 2/3 options.

Thanks for referral, Sarika.

I see relevance with Warren Buffet where he said go for what is needed. Now, if we concentrate on our need rather than our ‘want’ we can definitely control our expenses. Even in the current environment we can find an opportunity to do the right investment and also to repay the loans so we can overcome the situation

I guess we are heading to offices requiring bunkers for proper functioning as it is increasingly going to be difficult for the majority to afford spaces near offices.

Hi,Sarika, The alternative to ever increasing inflation or fiscal adjustment is to pool resources.Your rudimentary requirement such as health,income,education and means of transport has to be well structured.For health,adopt natural means,like walking,discreet food selection.For Income develop extra means or observe one day in a month 'no expenses' day. For education,motivate children to self study and go for coaching for the subject he or she is weak.For transportation,the organizing the pool will go along way to curb expenses.

Cheers,

I would not hundurstnd the govt policy regarding the price hike ,i INDIA couples of exp r sucessfull of eco petrol. Current exp of turmaric leaves r also good bio petrol exp on the production also too much less. why? govt dost not give prefence to such invention ,the fuckers r only intrested in curupation .just take a look of the property of last three years of all active political leaders then u will get the ans why hike and whwre the money.

Hike in prices and interest rate indicates the inflation in share markets,why the govt not taking necessary action to tackle this problem?Govt have to come forward to deal with prevailing commodities in share markets by making alternatives to hold the companies in a right way by adopting proper rules and regulations etc.Share markets have to depend on government,Central government is not depended on share markets.Present government knows the pitfalls on these issues but they are depended on the leading companies and business man in India.so that they are not willing to take any action due to internal deal accepted at the time of election.

Do you have a plan to deal with this?

If yes ' how people , govt  will support ,will govt ,people prove ur metal for answers .

Great Question,I appreciate it Personally,Truly said By Mr.Gopala,we need to realize our agricultural potential as Govt has also initiated Green revolution again Targeting the Eastern India,Lets not forget the fact that if we start working on agriculture,We are the best apart from the devil of inflation.

Wait for a major meltdown from west and Japan. Result of bubble economy burst. Only remedy is work smart and create wealth. Be strong in agriculture based production.