Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
Can I save money I borrowed?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Bookwormlux, post: 230996, member: 25193"] I want to know if there are any regulations that stop an individual from being able to save amount of money that was obtained through some lending companies or organizations. It could also be money that was gotten from someone who lend it to us . I understand that this may seem somehow to some of us ,but it is very important for us to discuss things like this because not everybody usually collect loan for spending immediately , but they may be accumulating amount of money so that it would enable them to have high capital before you can venture into a particular project or business that they may be having in mind . The problem with a situation like this is that , as you are accumulating the money in your savings account, the interest rates for your loans are also increasing by the day, and this would then put you in a disadvantage position , especially if you do not get to execute the projects you have in mind or did not generate enough revenue like you earlier thought . Can you take this risk of going about to take loan and then receiving it depending when you can start a business or execute a project? [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
Can I save money I borrowed?
Top