While some people love the idea of saving up for their dreams, we are often asked, “Why should I bother with saving, when I can get a loan instantly to make my dreams come true?”
This is a fair argument, but a loan can make your dream feel less like an achievement and more like a burden. This is because the nature of ‘loans’ is to create an illusion of a temporary solution in your mind. Quick and easy, a loan lets you acquire whatever you wish for.
But, you will be paying off this loan much after your dream project has taken shape!
Paying EMIs reduces your freedom. You cannot quit your job if you wish to and while you pay off an impulsive buy, you have to cut corners on real priorities.
So why not take a simpler route (instead of a deceptive one)?
When you are finally able to achieve your dream and fund it from your pocket, you will feel a special pride in yourself. Borrowing from a bank, or a friend, do not compare to the unique high that you feel when you do it from your pocket!
Own your dreams, instead of borrowing them.