Debt

@Babale (1874)

• Semarang, Indonesia

2 Feb 21

I agree. In general, parents have debts to send their children to school or increase business capital. That's very good, as long as we are good at choosing the bank that has the lowest installment interest.

1 person likes this

Mrki Krki

@mrki444 (15162)

• Croatia (Hrvatska)

2 Feb 21

I just know soon I will go into debt.

3 people like this

Mrki Krki

@mrki444 (15162)

• Croatia (Hrvatska)

2 Feb 21

@Babale I will got my place.

2 people like this

@Babale (1874)

• Semarang, Indonesia

2 Feb 21

Hopefully that will get you a way out of the problem.

2 people like this

rakski

@rakski (156200)

• Philippines

2 Feb 21

I think debt is not good. It will always be a liability to anyone

3 people like this

rakski

@rakski (156200)

• Philippines

2 Feb 21

@Babale that is true

1 person likes this

@Babale (1874)

• Semarang, Indonesia

2 Feb 21

That's right, especially if our goal in debt is just to buy luxury goods and have fun. In the end it becomes a nightmare if you can't pay the installments.

2 people like this

George B Vieto

@Deepizzaguy (122067)

• Lake Charles, Louisiana

2 Feb 21

Debt is not good since it leads to heartache and pain.

3 people like this

George B Vieto

@Deepizzaguy (122067)

• Lake Charles, Louisiana

2 Feb 21

@Babale I agree with you.

1 person likes this

@Babale (1874)

• Semarang, Indonesia

2 Feb 21

If we like to be in debt but don't have enough monthly income, that will indeed be a problem.

2 people like this

What'sUp_Cel

@rheicel (7065)

• Philippines

2 Feb 21

Depending on where you spend the money. If you spend it for a good investment that's good but if you spend on unnecessary things then that's a bad idea.

3 people like this

What'sUp_Cel

@rheicel (7065)

• Philippines

2 Feb 21

@Babale Yes, so we must decide wisely. But as long as you can pay whether bad or good decisions if you were happy with what you spent then so be it.

1 person likes this

@Babale (1874)

• Semarang, Indonesia

2 Feb 21

That's right, it all depends on our own decisions, whether for good or bad.

2 people like this

Rain Drain

@fahmita_ (2274)

• Indonesia

2 Feb 21

I also avoid it. I think being in debt is bad especially owing to buy an item just because you want to be the same as the other. Debt is okay as long as it's an emergency

3 people like this

@Babale (1874)

• Semarang, Indonesia

2 Feb 21

It's a wise choice. Indeed, we should avoid debt if we don't really need it.

2 people like this

Rain Drain

@fahmita_ (2274)

• Indonesia

2 Feb 21

@Babale Yes, obviously

2 people like this

May2k8

@May2k8 (19788)

• Indonesia

2 Feb 21

Debt is no good, it can be addicting. If it can be returned in accordance with the time period, it might still be said to be good.

2 people like this

@Babale (1874)

• Semarang, Indonesia

2 Feb 21

The problem is sometimes people often take shortcuts when they are pressed for financial problems, one of which is debt. Me too. At least we don't have to steal or rob.

2 people like this

Kayla Tsukino

@kaylachan (84701)

• Daytona Beach, Florida

2 Feb 21

It's good when it's making other's money, bad when you get in too deep and need to pick and chose your bills.

2 people like this

@Babale (1874)

• Semarang, Indonesia

2 Feb 21

Then what about a credit card? Isn't that another form of debt?

1 person likes this

DianneN

@DianneN (254949)

• United States

2 Feb 21

We prefer to be debt free. Being in debt is awful and causes you to pay more interest.

1 person likes this

DianneN

@DianneN (254949)

• United States

3 Feb 21

@Babale

So true!

@Babale (1874)

• Semarang, Indonesia

2 Feb 21

It is true. Even thinking about debt repayments makes us sick and adds to the burden of medical expenses.

1 person likes this

Thelma

@thelme55 (79311)

• Germany

3 Feb 21

I don´t like to have debt and so I avoid making it. If I want something to buy, I have to save first before buying.

1 person likes this

Thelma

@thelme55 (79311)

• Germany

4 Feb 21

@Babale I agree and we don´t have to worry about paying back.

1 person likes this

@Babale (1874)

• Semarang, Indonesia

3 Feb 21

I totally agree with that. by saving, we can be more economical and smarter in managing finances.

1 person likes this

staplotick

@stapllotik (1935)

• India

4 Mar 21

It's very easy to borrow and harder to pay it back. People don’t realize, but they live like prisoners. When repaying the debt, you exactly are in control and behave as per your bank and creditor's terms.

1 person likes this

@Babale (1874)

• Semarang, Indonesia

4 Mar 21

That's true.

1 person likes this

jaishankar

@Shivram59 (50131)

• India

6 Feb 21

@Babale I rarely borrow.And if I do,I never forget to repay it in time.

1 person likes this

jaishankar

@Shivram59 (50131)

• India

6 Feb 21

@Babale You are right.Never borrow until it becomes unavoidable.

1 person likes this

@Babale (1874)

• Semarang, Indonesia

6 Feb 21

It should be. Borrowing money is a bad habit even though it is permissible.

1 person likes this

Anne GS

@Shunnan (2130)

•

2 Feb 21

having a debt is not healthy once you are immune doing that activity surely that everytime you like something you will buy it even it is not included in your budgets.Having debt us not my Hobby

2 people like this

@Babale (1874)

• Semarang, Indonesia

2 Feb 21

That's right, temptation always comes when it comes to big money. For this reason, people in debt must be wise in choosing and sorting out how to spend the money so that it is useful.

1 person likes this

Fuentes

@UriahAnne (701)

•

3 Feb 21

Good and bad. It depends how you spend it.And how you manage your Dept.

1 person likes this

@Babale (1874)

• Semarang, Indonesia

3 Feb 21

The most important thing is we should not get into debt with moneylenders. Because they take very high interest on debt.

Fuentes

@UriahAnne (701)

•

3 Feb 21

@Babale yes money lenders get a higher interest...Make sure if get a Dept it's not a headache..

Notlilie

@prinzcy (32299)

• Malaysia

3 Feb 21

Debt is not good but sometimes it's necessary. You can start a business with debt, then you might be able to eliminate that debt. Or you can start a debt and can't never got out from a hole that you dig yourself into.

1 person likes this