While it may seem unwise to indulge in a vacation or luxury purchases when you have an outstanding loan, you also need to remember life is not solely about relentless work. The key is moderation, or let’s say finding a middle ground where you can gradually pay off your loan while you still enjoy the pleasures of life. There are also ways to strike a balance between your financial responsibility without compromising on your life's enjoyments. How do you do it?
Repaying Loan Without Sacrificing Your Life
- Thread starter nomad
- Start date
Yes, this is true. Loans should not burden you too much that you fail to enjoy life. Especially those long term loans line school loans, you don't have to pay them off once. You can create a plan on how to pay off gradually while also having a budget for your expenses and the pleasures you like to indulge in.
Indeed. I do not want to sacrifice my life for having loans that can make me stressed. I can have some loans if I think that I can repay them on time without any delays.
