Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
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
Retirement
Personal loan
Savings for Students
Debt help
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
Personal loan
Why You Should Not Buy Liabilities With Personal Loan
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="Jasmine, post: 265251, member: 49159"] You should not buy liabilities with a loan, that's true. However, you must also realize that for a lot of middle class people, especially the lower middle class people, it is not possible to buy a lot of things with their own money, therefore, they end up buying liabilities with a loan. Life is not all about eating, sleeping and going to work. Life is also about having fun, enjoyment and things like that. Buying a car through a loan means buying liabilities because you not only have to pay your car loan but also spend money to maintain the car, does this mean I should not buy a car even if I can pay the car loan in 2-3 years with my income? Does this mean I am not supposed to drive a car because I cannot pay at once? You can buy anything you want as long as your debt repayment is less than 10 percent of your monthly income and 20 percent of your yearly income. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
Why You Should Not Buy Liabilities With Personal Loan
Top