@rajeshjain The best advice to avoid yourself from the debt trap is to manage your expenses wisely. You believe that you can live a luxurious life but feel burdened with your existing loans. Your expenses seem to be on the higher side as compared to your monthly income. So, firstly set a fixed monthly budget and cut off any additional expenses. Look where you can save more and avoid unnecessary purchases for sometime. Even small monthly savings can help you reduce your financial burden. Look for a side hustle or part time work to earn extra income side by side. Don't create further debt to pay this one. Start managing your finances the correct way by moving in the right direction.