New Delhi, June 13 -- Juggling several loans while ensuring all EMIs are paid on schedule may give the impression that your finances are in good shape. However, the more important question is whether your income and savings still provide enough flexibility to handle unexpected situations.

Many borrowers reach a stage where they begin to feel financially constrained despite never missing a repayment. The challenge is determining whether this pressure is a normal part of managing debt or a warning sign that obligations are becoming excessive.

The key issue is not simply whether EMIs are being paid on time. Instead, it is whether your overall financial framework has enough resilience to withstand unforeseen setbacks. A common mistake among...