Post
Topic
Board Economics
Re: The savings problem
by
Mao Sama
on 26/02/2024, 18:39:09 UTC

the secret to get out of the loan trap
a. stop taking out loans
Very funny advice 🤦‍♂️ But that's not a good solution. Because it will invite a lot of hatred and distrust from everyone's view of ourselves.
Maybe here I can come up with a better solution. That is try to make an agreement when it will be paid. If there is a possibility that there is something else suddenly that we have to postpone the payment of debt according to the agreement. Then talk to the person who gave the loan. Sometimes not everyone can accept this kind of negotiation well. But if we are negligent and delay payment. Usually someone will not give another loan. But that doesn't mean not to pay the loan. It's just someone's sense to delay payment. If this loan is made with people around us or our friends. If the loan is with a bank or online loan. Maybe it can be in another way.