Topic: [ASK] How are you going to handle too much debt? - page 8. (Read 2709 times)
By not getting into it in the first place.
You need to have a self-control of borrowing money. First of all, if your salary is not good enough to pay all of your debt just pay half of it. Discipline your self not to buy the things you do not need, don't eat to the expensive restaurant, in this way you can save money to pay all of your debt and when you finish to pay all of it and you need a money just borrow a small amount so that you can pay it easily.
You should make a list of the debts you have so that you can track them. From that list you set yourself a goal that in a year you will write off how much debt. Setting goals is important and remember that you have to be self-centered for the pursuit of accomplishment. So, you soon escape debt scene.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?
Well, if I were that person who are in a great threshold, burden who can't think properly because of too much debt or liabilities. I would rather choose to manage it face to face rather than running away of it, because it will not disappear, and it will continuously haunt me everytime. So, the thing that need to be raise is that, you should face it, and do a definite strategy that would make you overcome such problem specifically your debt. It could be overcome not in a boom, but little by little.
Is this situation related to the crypto currency? I would advise you to find other ways of earning money, in which you can greatly increase the monthly profit at the same time costs.
Too much debt caused someone to become depress. I do not yet have a big debts because I am just a young and I am hoping to my family specially to my siblings though there are times that I support my needs and do not demand upon them. If ever I encounter a huge amount of debt then I will push myself to pay it but in legal procedure. I know that praying will give them also an indirect payment, therefore I will always pray for their success.
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 haven't been in that situation because I get rid of having debt. I think the best thing to do is to find another source of income aside from your job so that you'll have something to pay for your debts. It is actually a burden and would just stress us out so we must get rid of it as long as we can.
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?
I can remember the words of Henry Ford, he said to became wealthy do you need to do two things, spend less and earn more. So this is the answer for you also.how will you deal with it?
how to solve it?
It's true and don't spend over what you've earn so you don't need to loan money from others. Actually, I still didn't get experience to have so much debt as I always made sure that I still control my emotions in spending. Whenever my friends teases me that I'm so tight with the money, I'll just say to them that it's better than being this than to be act like rich yet you're in total debt. And I prefer to act like broke in front of them.
Reading this post just make me remember one of my friends that have a good amount of debt but he seems unable to pay it so he make more credit card to cover it up and its like a never ending cycle and the weird things is he still add some debt to his account, i dont know what he is thinking, he is a good man one of good friends of mine. I do even think to offer his some money so he would able to live freely and paying his debt without interest. But i do think to lend money for paying a debt is not good things and the thing that could help him is to pay his own debt by his own afford so he would learn its not good to have any debt and i hope he could changes from it. I really recommend you to pay your debt little by little i know you could do it cause seek any help to pay debt is not good, it would just make you become more debted to someone else and it would become never ending cycle and could goes worst. The most important thing is you need to know your limit for something that you wanted and you need to learn how to manage your financial.
You need to have a self-control of borrowing money. First of all, if your salary is not good enough to pay all of your debt just pay half of it. Discipline your self not to buy the things you do not need, don't eat to the expensive restaurant, in this way you can save money to pay all of your debt and when you finish to pay all of it and you need a money just borrow a small amount so that you can pay it easily.
You should make a list of the debts you have so that you can track them. From that list you set yourself a goal that in a year you will write off how much debt. Setting goals is important and remember that you have to be self-centered for the pursuit of accomplishment. So, you soon escape debt scene.You need to have a self-control of borrowing money. First of all, if your salary is not good enough to pay all of your debt just pay half of it. Discipline your self not to buy the things you do not need, don't eat to the expensive restaurant, in this way you can save money to pay all of your debt and when you finish to pay all of it and you need a money just borrow a small amount so that you can pay it easily.
You should make a list of the debts you have so that you can track them. From that list you set yourself a goal that in a year you will write off how much debt. Setting goals is important and remember that you have to be self-centered for the pursuit of accomplishment. So, you soon escape debt scene.You need to have a self-control of borrowing money. First of all, if your salary is not good enough to pay all of your debt just pay half of it. Discipline your self not to buy the things you do not need, don't eat to the expensive restaurant, in this way you can save money to pay all of your debt and when you finish to pay all of it and you need a money just borrow a small amount so that you can pay it easily.
You should make a list of the debts you have so that you can track them. From that list you set yourself a goal that in a year you will write off how much debt. Setting goals is important and remember that you have to be self-centered for the pursuit of accomplishment. So, you soon escape debt scene. 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?
Handling debt is not easy because the debt can actually grow if you are not good enough to save money in order to pay it, just always try to save money every time you are earning your income in order to have something for emergency to avoid debts.
You need to have a self-control of borrowing money. First of all, if your salary is not good enough to pay all of your debt just pay half of it. Discipline your self not to buy the things you do not need, don't eat to the expensive restaurant, in this way you can save money to pay all of your debt and when you finish to pay all of it and you need a money just borrow a small amount so that you can pay it easily.
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?
I can remember the words of Henry Ford, he said to became wealthy do you need to do two things, spend less and earn more. So this is the answer for you also. how will you deal with it?
how to solve it?
First you have to educate yourself to be disciplined in debt matters. But if the income you get is not appropriate to pay the debt, try to apply the savings patterns and also look for additional jobs. that's all I think.
Having a debt is very heavy especially having enough debt, some may commit suicide and also do something desperate like stealing etc. other crimes. But if I have a lot of debt, I will look for a lawful job and I will pay the debt little by little. The point is I do not want to do bad things let alone do a negative thing.
Many write "if you can not pay off the debt, you don't need to take it." And if it already happened? There are not many options for solving this problem. I think that you need reach an agreement with the bank so that it allow you to pay off the debt in small amounts that you can pay each month. This will take a long time, but there is no other way out. And also you have to find additional job, for example, turn a penny in the evening or on weekends.
in my opinion to be able to control the debt that very much you can by finding a job that can help you to alleviate your debt because if not like that then your debt will always exist.
If for example I have a lot of debt and I can not afford to pay it with small salaries or producers so unable to pay too much debt maybe I will do a hole dig dug hole system because with this system maybe we will be able to minimize my problem right now even though my debt is never exhausted
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 would change my job. There are other fields that you can earn good money by working so hard. I would work in the countries that gives good salary.
Work on other countries? Easy to say but resources would be needed. What if you dont have such support funds? You will still end up on becoming jobless because of such decision.
IF you cant able to repay such loans then its better not to took a loan.
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