Your debt kills you
@cacay1 (85235)
Cagayan De Oro, Philippines
July 13, 2025 1:54am CST
Having a debt, either from a private lending firm, a close friend, or a bank, may stress you, especially if the money borrowed is intended to build a small business or for fun with friends. When the due date of paying is nearing, you'll be breathing heavily for fear of the unknown. And when bad luck strikes, unable to pay the first bill, you may feel a sharp blow from an unknown direction.
You may feel like being beaten by your deep sentiment of regret. You might not be able to build a small business, and the money was spent on buying something new to your eyes. Don't let it happen; as much as possible, avoid debt.
3 people like this
3 responses
@celticeagle (177111)
• Boise, Idaho
13 Jul
I hate have a bill. I refuse to let them make a lot off of me and I try to pay it off quickly and pay larger payments than I need to for that reason. Part of building any business is having some good credit and good credit rating so it is a needed thing to get credit.
1 person likes this
@celticeagle (177111)
• Boise, Idaho
14 Jul
@cacay1 .......They are just like the dishes. Always and forever.
1 person likes this
@cacay1 (85235)
• Cagayan De Oro, Philippines
15 Jul
@celticeagle 
that's perfect
that's perfect1 person likes this
you said it right. 
@cabuyogty (3961)
• Philippines
13 Jul
I think that I can't borrow from anywhere online and that's my karma. Even in a bank then I can feel the no debt life and that's good for me but I will not get a smartphone in the future. 
1 person likes this
@cacay1 (85235)
• Cagayan De Oro, Philippines
14 Jul
@cabuyogty, don't worry about not having a smartphone. Just save daily so someday, you can buy your dream phone.
don't worry about not having a smartphone. Just save daily so someday, you can buy your dream phone.1 person likes this
@cacay1 (85235)
• Cagayan De Oro, Philippines
15 Jul
@cabuyogty During Christmas, there are phone sales. Try to shop in Christmas.
1 person likes this
@cabuyogty (3961)
• Philippines
14 Jul
@cacay1 I hope that I can buy atleast cheapest smartphone in the market
1 person likes this
@rsa101 (39119)
• Philippines
13 Jul
Debt can weigh heavily on you, especially when borrowed money was meant for something hopeful like starting a small business—or worse, spent impulsively. I’ve experienced being overwhelmed by loans, missing payments, and feeling deep regret when I realized some of the money went to things I didn’t really need. That constant worry and stress felt like a never-ending burden.
But when I decided to stop borrowing and started saving instead, everything changed. I began spending only on what was necessary, and slowly, the pressure disappeared. Living without debt has brought me peace and freedom I never had before. If possible, avoid debt—it’s easier to breathe when you’re not weighed down by what you owe.
1 person likes this
@cacay1 (85235)
• Cagayan De Oro, Philippines
13 Jul
@rsa101 it's crucial if a debtor cannot pay his debt regularly the interest surcharges making the debtor restless and heartbroken. I experienced being a co - maker of a bank loan. It was approved but I didn't know that the maker didn't pay for straight 4 months. One day, I received a notice from the bank to pay the loan of my friend. The interest surcharges. I was mad and restless. I called my friend and quarreled her. I told her to pay her loan. I told her to go to the bank and pledge. I told her that I will never pay her loan because she's still alive and I never had benefited her loan even a single centavo. She paid her loan and I never) befriended her She was ruining my reputation as a co-maker. It's not good to have a debt. It's better to save and invest.
1 person likes this
@rsa101 (39119)
• Philippines
13 Jul
That's a different story for a co-maker. To avoid liability in the event of default, you must carefully consider who you accommodate and ensure that she is responsible enough to repay her loan. In actuality, debt is not a bad thing as long as the debtor is responsible for fulfilling their responsibilities.
1 person likes this
