How do you stay away from borrowing. money

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Carson20t

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It is not a bad idea to borrow when you have assets and some more money already.This is because you are bondable or not a liability.Also you have to know why you are borrowing as to whether it is for consumption or investing why because you need to make a clear plan as to how to return that money.

So it is good to borrow when you have an absolute idea on how you are going to return that money.
 

Sanjeev

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It's better to make your expenditures within the earnings you have. If expenditures increase you need to borrow money. Therefore we should try not to spend much when we know we don't have enough earnings.
 

Starmix

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For an emergency need, we cannot avoid borrowing money. It is normal, but if borrow one person from another, that is another story. We never get rid of it if cannot discipline the self to stop borrowing, instead, find extra earnings online to augment some essential needs.
 

cherry123

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For an emergency need, we cannot avoid borrowing money. It is normal, but if borrow one person from another, that is another story. We never get rid of it if cannot discipline the self to stop borrowing, instead, find extra earnings online to augment some essential needs.
That's it some people are just chronic debtors owing money here and there. I value my peace because creditors can be very disturbing
 

Hate2Wait

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Your last line is so me. I just hate to borrow and begin to let people into my peaceful space by letting them the space to start disturbing. me to pay back
yes it feels good to see yourself not depending upon anyone's money and no extra burden on your chest and makes us feel relaxed and comfortable and there are others who are always relying on borrowed funds
 

cherry123

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yes it feels good to see yourself not depending upon anyone's money and no extra burden on your chest and makes us feel relaxed and comfortable and there are others who are always relying on borrowed funds
Yeah I don't know why they enjoy being on borrowed funds when you might not have peace of mind of you can't pay up. I like my peace can't trade it for nothing
 

Hate2Wait

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Yeah I don't know why they enjoy being on borrowed funds when you might not have peace of mind of you can't pay up. I like my peace can't trade it for nothing
I know certain people that are broke because of their habits or they do that on purpose to borrow funds from us but it's a very bad habit.
 

cherry123

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I know certain people that are broke because of their habits or they do that on purpose to borrow funds from us but it's a very bad habit.
You are right you know how humans can be manipulative. Some do it on purpose to get money off people that the perceive can help
 

Starmix

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That's it some people are just chronic debtors owing money here and there. I value my peace because creditors can be very disturbing
I am a victim of this, I have two friends who borrowed big money from me, one 38,000 pesos even partially none and it's been 8 years now, so I just moved on and consider it gambling. The other one is 80,000 pesos for his son's board exam fees and others, the borrower passed away almost 3 years ago and his son never had paid me and he is now the manage of McDonald's in Melbourne, Australia. I hate them all to the max. :cry:
 

eldavis

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The best way to stay away from borrowing is to stay content with the little you have. Manage the little you have and spend according to your pocket.
 
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