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4 bad effects of owing others in a business
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[QUOTE="Jasz, post: 255952, member: 61772"] Bad effects of owing others in a business 1. The first and foremost bad effect of owing money to others is that there is no control over your finances. You will always be dependent on the other person for any financial help. If they want you to pay back the amount they lent, they can easily take it back from you by taking your property, or by not giving you any work at all. 2. Another bad effect of owing money to others is that you will lose your freedom and independence. When you owe someone money, it means that they have rights over your life and actions. Your employer may fire you if he doesn't like the way you behave, or if he thinks that his interests are being threatened by you. In this case, there is no choice but to obey him because if he doesn't like something about you, he can easily make your life miserable! 3. The third bad effect of owing money to others is that it makes people dependent on them and forces them into a position where they need someone's help all the time just to survive in life. This makes them weak and vulnerable as well as lacking self-confidence as they feel guilty when there is not enough money available for them. [/QUOTE]
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