Debt of 25 Lakh, how should we handle it?

Here's the situation. My father has a small business from 10-15 years, over the year due to bad financial choices and luck. He managed to accrue this massive debt. Idk the actual amount, as he told me it's 25 lakhs and I doubt that. His income is around 40-60k a month, and I've started earning 17k since last 2 months. In a couple months I'll be able to earn 25k per month minimum.

Most of my father's income goes towards household expenditures and paying off the loan, but it isn't even decreasing a bit. Most of what he repays goes towards outstanding interest, not towards principal amount. If any big financial need arises, ig he takes another loan from somewhere to fulfill it.

We have 23 bighas of ancestral land in Rajasthan. Around 10 bigha is right adjacent to village and according to my father. Similar land patches in our village were sold at rates of 10-15 lakhs per bigha in past. A second piece of 13 bigha land we have near a newly built rural highway. According to my father, it's current rate is around 2 lakhs per bigha as it is bit far from village, although not much just 6-7 kms.

My mother wants to sell it to pay off the debt, but my father isn't agreeing to it, saying that he'll only sell it after me and my siblings marriage that is 2-3 years in future. While I agree to not selling the land currently as its value will rise in future, I'm worried about this debt. I'll be married in a couple years and don't want to be burdened with this debt while taking new and crucial responsibilities of a family.

How should we tackle this issue?

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---I may seem ungrateful and viewing this issue as if its someone else's, but I'm just bad with words and expressing my thoughts.

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u/Uncle_Vengeance — 14 days ago
▲ 1 r/vapi

Anyone needs accounting job?

My organization has a vacant post for the role of Accounting Assistant. Salary will be in range of 15-20k. Work timings will be 10-7 and it may extend some days. Company environment is quite good, bosses treat you like family. Main requirement is proficiency in tally, excel and atleast working level fluency in english.

Atleast 1 year of experience is preferred, but if a fresher meets our requirement, they are free to apply.

Send me your resume in dms.

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u/Uncle_Vengeance — 1 month ago
▲ 0 r/rajkot

Where can I take a bath in rajkot?

Title is funny ik. But I'm visiting Rajkot for a day and I'll be reaching there at 9 am after a 10hr journey by train. I'll be busy all day so I'll need to take just a bath. Is there any place near railway station where I can take bath, preferably affordable and clean.

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u/Uncle_Vengeance — 2 months ago
▲ 6 r/daman

Any private mini theatre in daman?

Is there any private theatre in daman that we can book for a night or two? Most of my friends are in town so we have planned a get together, need a space which can cater 15 people and if beers are allowed then it's a plus point..

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u/Uncle_Vengeance — 3 months ago

Is this normal after first joint?

I smoked joint for the first time in my life. White it wasn't a full joint, I smoked 12 drags approx. At first in just a minute , the colour visuals of vision started to intensify. We were sitting on a river bank, it was great hehe. Then my legs started to tremble a Lil bit and time started to tick slowly. I went for a piss and it felt as if I was pissing for an whole hour. Then we went out to eat, and I gobbled up a massive amount of that. I got back home later and it was starting to sober up. Then I was getting sleepy, but couldn't sleep because I was sweating more than usual. It was hard getting asleep.

Today I woke up and I've been feeling wierd, I don't feel like eating anything. I went out for my usual choti advance and couldn't complete it. Threw it midway. I was disgusted by the smoke and taste, even though it wasn't a duplicate.

Is this normal experience after a joint??

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u/Uncle_Vengeance — 5 months ago

Hey all, I'm from vapi. I've been applying for jobs on indeed and most of them pay around 25k for a fresher like me. I have some relatives in maninagar, but as most of those offices are in Sola, Thaltej and Makarba, etc. areas, I don't think daily commute would be a very great option.

I just wanted to know would 25k be enough to live comfortably as a bachelor? I can cook myself, I have a scooter too which I can bring to Ahmedabad also I'm okay living with just bare minimums. So how much can I expect in living costs considering rent, etc.??

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u/Uncle_Vengeance — 6 months ago