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Friday, February 24, 2012

Loans To Impress

Are you searching for a loans? Do not take loans if you do not have a job. Do not take up secured loans if you have difficulties paying back the loans. Many people take up personal loans only to find that they need to apply for more and more loans as a result. Why? This is especially so for the young people who have just stepped out into the workforce. Everything around them is beautiful. To own many material things is their dreams. To attract women, men buy cars, spend on branded watches, attire and so on. All these is just a false ‘facade’ that underlies a person who had spent on ‘money that is not his own’, those are borrowed money — money that had to be repayed. Why borrow to impress strangers on the road, which you hardly know? Why borrow to impress friends and kins when real friends and kins will not be border about how much you earn, how much money do you have. For people who friend you because you have money, for people who get near to you because they think you are rich, are they worthy of your friendship? 

It is far better to work for your own money. Earn what you can, even if it means hard work and it is little. Every little amounts will add up to a big amount. Live a simple life if you cannot afford luxurious life. When you end up taking too much loans, you are working indirectly for the bank in addition to your current work. Whatever you are working and earning from, every month you are paying back to the bank. In the end, there is a never ending to this kind of rat race. There are loans which you had to apply in lives, such as housing loans, but when it comes to taking up loans for other purpose, do think twice. Do not take up more loans than it is required. Do not take loans to impress — do not take loans to buy materials things. Strangers will not help you when you are in debts. The only one who suffer ultimately is you and your family.

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