Topic: [ASK] How are you going to handle too much debt? - page 21. (Read 2697 times)
Budget system would adjust, and there must take another source of income in order to cover up all your payments and debts, sometimes there are people who really grabs some offers of loans without thinking that their income cannot support the total monthly payments, or shall we say there is a negativity of their income between the total debts that payable by monthly, so the solution is take another source of income which is cryptocurrency job or business, by joining campaigns, so even by only small amount of weekly salary but still it can help for another source of income.
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
how will you deal with it?
how to solve it?
I'd do exactly what Iceland has done: ignore the debt, nullify it, in other words, tell the world that I don't have money and don't care.
Usually in such circumstances people are declaring bankruptcy. You can't make money out of nothing, so your best chance is to start again from scratch and maybe if this other project grows you'll be able to slowly repay the debt.
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
how will you deal with it?
how to solve it?
I experienced too much debts because of my husband is a gambler. And I handle it when l already give up because Im hiding to all people looking for me to pay my debts. So that time l decided not to lend money again but to pay my debts even little by little.That l know one day I will finish it.
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
how will you deal with it?
how to solve it?
So much debt is scary and stressful. Do not hide to your creditors face them and ask for an installment let them understand your reason on why you can't repay un full. Set aside money from your income to repay your debt and try to venture other income like bitcoin.
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
how will you deal with it?
how to solve it?
I experienced too much debts because of my husband is a gambler. And I handle it when l already give up because Im hiding to all people looking for me to pay my debts. So that time l decided not to lend money again but to pay my debts even little by little.That l know one day I will finish it.
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
Well in that case i would look for another job, when i was in collage i worked part time job which allowed me to pay my university expenses but after that i end up broke with no money to pay for food, so i borrowing from my friends until i deiced to get another job, so i worked as a security guard at a parking at night, i stayed that way until i payed my friends back and finished my collage luckily after that i found out about bitcoin and i was able to start living like a normal person. how will you deal with it?
how to solve it?
This is challenging for anyone who suffer from lack of financial income and to those who not able to handle their money in a right ways.
Don't buy or spend too much, which is greater than from your income. Even it was exceed a few dollars or a cents, it still a debt.
Start studying financial management.
Don't buy or spend too much, which is greater than from your income. Even it was exceed a few dollars or a cents, it still a debt.
Start studying financial management.
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
If you dont like to suffer problems then its much better not to make any debts at all in the very first place.There might be some instances in life that you will need to borrow money or took a loan but you should always consider and think that you can able to repay.Always prefer on your income and dont ever borrow money which would go beyond it because if you do such thing then expect on the hardship or consequences later on. how will you deal with it?
how to solve it?
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
You have to think about it way before making the debt in the first place, always remember to balance your live with the amount of money you get and do once you are caught in the debt circle it will be very difficult to get out of it, so make sure you think twice before taking a loan and the funny thing is no bank will be providing you that much loan without having a collateral, so do not worry about it. how will you deal with it?
how to solve it?
In such a situation I would have to ask for help. Perhaps get rid of my apartment and move in with a family member.
In fact, I can't, I started with little money and made satisfying profit for me but after cashing out it to my bank account, it is harder to re-invest in coins. I like my this feel because coins are very risky.
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
How to solve and deal with it? You can't sleep very well if you have that much debt to repay so to make everything good at peace, you have to pay it. It doesn't matter if you don't have enough income to pay for it, what you must do is proper listing of the expenses that you need to minimize. Talk to the person whom you borrowed that money and ask him if you can adjust the terms where you are comfortable with. how will you deal with it?
how to solve it?
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
Afford to pay everytime you have money,if you have assets then probably sell it inorder to pay huge debt.As i was experiencing it too, before i have hardly recover from it but when i knew about this forum this had helped me alot to solved it.As i profited here i have paid all of it inorder to start an new beginning with debt free minds.I have able to continue my life with no worries and hassles,debt had stressed me out every salary came i am much worried because i was left empty handed because i payed my debts but my salary was not enough.I am so much thankful of knowing bitcoin in my life in this way i have look forward to have a brighter future. how will you deal with it?
how to solve it?
It is really a difficult situation I can relate with in a bit. The first thing is to make up your mind to developing a repayment strategy; by agreeing to pay, cutting down mightily on your expenditure. Double up on your works/jobs. Then get a repayment plan.
If it's hard for you to depend on your income,so i think we should start to depend on family and sell some of what you can sell.First thing is to clear that debt before it develop interest,then start to find more suitable income,like taking all the part time jobs or such,push yourself to the limit till you're free of debt from anyone.
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
how will you deal with it?
how to solve it?
pay little by little, negotiate with the lender. ask for a longer time with a smaller payday installment, negotiate it. Good luck
I think the wisest thing is to sell all the assets you own whether it's home or land, in order to cover your debts.
but, consequently you will lose it all. and you should start all over again from ZERO.
I have this problem some years ago and God help me to come out of it. Debt can give you sleepless nights and you may needs to work hard in other to be able to come out of it. You should really tell the creditors the truth state of your finance and make a plan how you can pay from your current financial state.
Best way is to loan and pay it to your debt choose a loan that has lower interest and a loan that your income can handle.
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
You need to budget your income. If it wasn't enough then look for additional source of income.how will you deal with it?
I will encourage myself that I can't move on until I paid the whole debt.how to solve it?
As I've said you need to look for other source where you can have more power to earn and this is possible if you really want to get out of that problem. what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
Why would you be under so much debt when you know that you don't have the income to pay those? Prevention is always better than cure. Don't borrow what you can't afford to pay. Restructuring your payments may be the solution. But it may take longer period to completely pay your debts. And i hope that will serve a lesson.how will you deal with it?
how to solve it?
Jump to: