Post
Topic
Board Economics
Re: [ASK] How are you going to handle too much debt?
by
glowing10
on 05/05/2018, 16:03:43 UTC
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
I never experienced too much debt, but in order to get away from debt, Discipline yourself, Strictly priorities your common needs and stay away from vices, such as gambling, drinking and shopahoalic.


Avoid taking too much debt because at the end you will have to pay and you never know that how money will slip away or your expenses if not controlled can kill you as your income would be limited but expenses will keep rising and you will not end up saving a lot thus debt will not be able to be paid sooner.