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It has become like a nature for me to always collect loan before the end of the month since I am a salary earner so I can pay when I get my salary
I want to get free from that attitude what can I do?
To escape the habit of collection of frequent loan you must decipline yourself and try as much as possible to deceased from this habit, know that one day it might land you in debt. Loan is good but collecting it all the time is driving you to debts. Another way to avoid this is you will always needRead more
To escape the habit of collection of frequent loan you must decipline yourself and try as much as possible to deceased from this habit, know that one day it might land you in debt.
See lessLoan is good but collecting it all the time is driving you to debts.
Another way to avoid this is you will always need to discuss it with your spouse if she agreed then this should be a collaborative effort between both of you to collect the loan if she disagree, don’t collect the loan thou loan help in starting a business but don’t collect the loan you can not pay back on time so you must be very careful when taking this action.
Personally I do not see collecting loan as a bad thing at all except when you do that excessively because it can hinder your financial freedom and growth. One of the major reasons people collect too much depth is because they spend their money excessively on things that are not important at all. MosRead more
Personally I do not see collecting loan as a bad thing at all except when you do that excessively because it can hinder your financial freedom and growth.
One of the major reasons people collect too much depth is because they spend their money excessively on things that are not important at all. Most of them are addict and that is why you need to first of all conquer your addiction to a substance before you control your spending.
See lessPeople that habitually take loans do so simply because they have refused to live within their means. Everyone should understand their income level and the lifestyle that can afford them. And not stretch to live beyond that lifestyle. If your income can't afford you staying alone away from your pareRead more
People that habitually take loans do so simply because they have refused to live within their means. Everyone should understand their income level and the lifestyle that can afford them. And not stretch to live beyond that lifestyle. If your income can’t afford you staying alone away from your parents, don’t leave them. Always be sure you absolutely can afford a lifestyle before living it unless you would be a habitual patron of loans.
See lessTo escape the idea of collecting loan always you need nothing but decipline and commitment,it's very wrong to collect loan always because at the end of the day you may likely end up in debt except you are using the money to operate a business which you have knowledge about that can give you edge andRead more
To escape the idea of collecting loan always you need nothing but decipline and commitment,it’s very wrong to collect loan always because at the end of the day you may likely end up in debt except you are using the money to operate a business which you have knowledge about that can give you edge and future reward.
Don’t collect loan Everytime rather what you need is try your best and know the area and field of business which you are well knowledge about so that once you collect loan and invest in it possibly you can make good money from it to pay back the loan frequent collection of loan do lead to huge debt
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