Bad debt isn’t just a loan — it’s a delay in your dreams.
Bad Debt: The Chain You Never Noticed — Until It Tightened
It doesn’t always look like a crisis.
Sometimes it’s just a phone EMI. A credit card bill. A wedding expense you didn’t plan for. But slowly, quietly — it becomes a pattern.
According to Shankar IAS Parliament, India’s household debt rose from 36.6% of GDP in 2021 to 42.9% in 2024.
That’s not just a number — it’s a red flag.
More and more families are now borrowing just to stay afloat — not to invest, not to grow, but to survive. Teachers, parents, salaried professionals — we’re not living beyond our means.
We’re trying to live within shrinking ones.
This infographic is for all of us who’ve ever said:
“Bas is mahine manage kar lete hain — agli salary se dekhte hain.”
Let’s finally dekhte hain.
Let’s understand how bad debt begins — and how to break the chain before it breaks us.
Break Free — Before Bad Debt Breaks You
Bad debt doesn’t announce itself with warning signs. It shows up quietly — in late-night worries, skipped dreams, and a salary that vanishes the day it comes. But now you’ve seen how the cycle works. And more importantly — how to end it.
✅ It starts with awareness.
✅ Then comes action — one small step at a time.
Bad Debt Recovery Plan — 5 Steps to Reclaim Your Peace of Mind
Bad debt begins quietly. Breaking free starts with clarity and action.
Here are 5 small but powerful steps you can take today:
| Step | Action | Why It Works |
|---|---|---|
| 1️⃣ | List all your debts (EMIs, credit cards, loans) | Awareness is step one — it puts you back in control |
| 2️⃣ | Use the Debt Snowball or Avalanche method | Snowball = Motivation. Avalanche = Faster savings |
| 3️⃣ | Pause new borrowings for 30 days | Break the cycle of instant gratification |
| 4️⃣ | Explore restructuring with banks | For high EMI pressure — banks may offer longer tenure or lower EMI |
| 5️⃣ | Set up a ₹500/month emergency buffer | So you stop depending on credit for small shocks |
📥 Download the Free Bad Debt Tracker Worksheet (PDF)
Start tracking your loans, EMIs, and interest — and regain control.
click to Download
Even a ₹500 buffer, a debt list, or saying no to the next EMI can shift your future. At Chalk2Wealth, we don’t just talk numbers — we talk real stories, real emotions, and real exits.
If this infographic made you pause… share it with someone who might need it. Because sometimes, the biggest help is knowing you’re not alone — and it’s not too late.
“You didn’t get into debt overnight — and you won’t get out overnight either.
But you can begin today. One step, one choice, one less EMI at a time.”
