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Well I personally have never collected any loan to pay for something before but there are people most especially business men and women who do collect loan to pay for something they collected.
That is the right thing to do, talk a loan that you can repay it back no matter how bad it goes, so that it will not affect you in one way or the other, either now or the future.I do not like taking loans because of interest. Other than that, I would consider taking loans only if I am able to pay it back to people from whom I borrowed money.
Yes that is just a fact, because there are persons who are expert in this field,and this is just the best way to follow to avoid any issues that concerns our issues with our finances.I agree that being educated is one of the most important things, especially when it comes to finance management and this is one of the main reasons why so many companies hire managers.
Financial literacy for children has to be taught in schools, communities and by the parents themselves. The scenario described above is commonplace among several people because of a lack of knowledge about finances which continues to haunt them as they growI don't mean a mortgage or a loan for a car, but rather a personal loan that you took out to pay for rent, food, etc. I made the mistake of doing this a few times when I was in my early 20's, both my wife and I had spending issues and we were spending more than we were making. This cause us to get behind on rent and our bills, to which we started taking out a few loans to help pay for things. I really wish our parents taught us better on how we should be saving up and not getting loans out. We know better know that we are in our early 30's, but it's something young adults really need to learn and understand better.
That is the right thing to do, talk a loan that you can repay it back no matter how bad it goes, so that it will not affect you in one way or the other, either now or the future.
Yes that is just a fact, because there are persons who are expert in this field,and this is just the best way to follow to avoid any issues that concerns our issues with our finances.
Money management is very important in life .I'm currently battling this now. I borrowed to buy a product that I don't really needed. I am very sure of paying back but I have regret taking the loan. I am considering taking financial management course.
Yes definitelly,they do that because of various reasons,they would want to ensure that they would not need to spend much on training new staff intake,that is cost saving measures,and it will save the time.Education makes it much easier to gain experience in any kind of field, especially when you tend to apply for a white collar job in any country. Many companies emphasise a lot on your working experience.
I have not done that before and I don't think I can ever do it. If I ever take a loan to do something it will be investing in something that will give me more profit in the future. If I see a worthy business I will take a loan to venture into it.
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