Showing posts from November, 2020


Some days ago I received my credit card bill and it was about ₹ 24,000. This was expected as I had done a lot of shopping when there was raining discounts on products on Amazon and Flipkart. When I was about to transfer money from my account to pay the bill, I realized that I don't have the money in my bank account to pay the bill. I was awestruck. This has never happened to me before. I logged into my bank account to look at my transactions. At that moment I realized that I had lent some money to my friend and I had less than ₹ 20,000 in my account. I paid whatever was available in my account to avoid a huge interest that they usually charge on credit cards. Obviously, this is not a big issue. But this did made me realize one thing - I would have never spent money on shopping if I didn't had enough of it in the first place. Where is the money coming from when my spending limit should not be more than my in-hand salary? The answer is - the money comes from the huge spending lim