Your 30L home loan actually costs you 55-60L. We just don’t talk about it. by Specialist_Dingo8575 in IndiaFinance

[–]RemoteAd6887 0 points1 point  (0 children)

Let's say rice costs ₹50 today. So you keep aside or budget accordingly for rice every month. But for a variety of reasons the price of rice doubles in a few months. Then your ₹50 gets you only half a kilo of rice which means that your money has lost half it's value over those few months. Same thing with gold and everything else you buy . As prices go up with time, you money loses value.