The Economic Times

Good son lets parents take loans in his name, ends up buried under 65 lakh debt; saves just 10K from 1.4 lakh/month salary

A man faces 65 lakh debt after repeatedly bailing out his parents' failing businesses. Despite a good income, his finances are strained. He is now considering selling his flat to clear the debt. This situation highlights the difficult balance between familial duty and personal financial well-being. He seeks a path forward that ensures his own stability.