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Why Personal Finance Is Better Than Taking Loans?
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[QUOTE="Sotherefore, post: 224913, member: 27033"] There are so many reason why personal saving is better in establishing a business than loan , for me personally one of the most important reason why I do not like getting a loan to start up anything is the fact that getting a loan comes with so much stress. You won't relax in anything you are doing when you are doing it with a loan whereas if that was your capital you could easily relax and concentrate on how to grow your business , but here with the loan you will be rushing on how you could be able to raise the needed capital to repay back what you have collected. It is even more safer for you to have a business failure with the capital you have raised on your own than to have it with that you have gotten as a loan because the one from loan is what you have to pay back even if the business is not going as you have planned . A lot of people are always depressed to the point of even committing suicide when they are not able to pay back the money they have collected because of business failure or other reasons . [/QUOTE]
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Why Personal Finance Is Better Than Taking Loans?
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