For many, wealth creation begins with buying a property. There are palpable anticipation and excitement early in the earning lifecycle to buy a property. But, can you afford it? You may be able to afford the housing loan and repay the bank in monthly installments (EMI) but most likely will not be able to afford to pay for the house with savings. Even before the house, comes the car. That too is affordable only on EMIs and not on outright purchase. Just like that, even before savings start, we are drawn into the EMI cycle. It doesn’t stop with the first house and car The first housing and car loan…