In terms of borrowing, it is necessary to think about its return, and it is very necessary if it is difficult to return it, you will no longer be able to get the loan you need, and not only that, maybe your name will be blacklisted by the bank or loan company, it is necessary to anticipate all of that before it actually happens.
We have to think twice before deciding to borrow funds from banks and companies because both apply high interest and they set collateral requirements for loan repayment guarantees, most business people often deal with loans because they use them for business needs and they have estimated monthly income to pay off the loan.
I am not very interested in bank and company loans, except for asking for loans from relatives and friends if needed for business needs and emergency needs, but I hope never to borrow from anyone and I will save some of my monthly income for emergency needs.