Quote from: fauzan Ichsan on June 20, 2024, 02:57:16 AM

Quote from: uswa56 on June 19, 2024, 11:58:10 PM

Quote from: lepbagong on June 19, 2024, 03:02:35 PM

It is not unusual anymore that there is a situation where is all -round technology, the use of credit cards is very advanced and massively used. They are right, as you say it's better to use other parties' money than your own. But if they are wise, then they will pay in full all the loans that have been made so as not to be exposed to interest, but those who are not wise to use them will actually be increasingly wrapped in the debt that continues to grow.
If smart and intelligent, he will use the facility for purposes that are indeed useful and not actually destroy his life.

Before someone decides to take out a loan, of course they must first have a clear plan with the money they are lending and after they take out the loan they can use it for things that can benefit them, such as developing a business that is already running well, but if they take loans are only for their lifestyle, of course this will be very troublesome for them when they cannot pay off the loans they took out and instead they have to sell the goods they bought with the money they lent.

When going into debt, of course we have to be able to use it for things that we really need and don't let the loan we take get us into trouble because we can't pay it off, of course this will put us in trouble that we should be able to avoid.

If we are going to take out a loan, of course we take into account that the money will be used for business or for personal use. If it is used for business, then there is the possibility for it to grow and develop, but if it is to cover a lifestyle, then we just have to wait for the time of collapse. In fact, when we borrow money for business, we have to be able to minimize expenses, we have to be careful so that the money is used right on target for business development.

The name of loan is that it must be returned along with interest, so it must be calculated carefully so that if you want to go into loan you can pay it from a fixed income, not from business profits, because if you are no longer able to pay it, it will result in it not being able to run well.
It is not recommended that loans be used for any expenses other than just business. This is true because loans must be used carefully so that they remain targeted, especially if it is to expand the business, it would be even wiser.