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Some risks attached to a life full of debt
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[QUOTE="Etini, post: 275520, member: 90141"] The effects of debt on a person's finances cannot be overemphasized. It would make you live a life of pressure. The pressure alone can make you develop high blood pressure. Imagine you are owing a financial institution loan, your mind won't be at rest as the due date approaches. Debt complicates a person's life. When you owe small debts in your neighborhood or close circles, you won't be able to associate with people. Any time you see the person you owe, you would want to avoid him at all costs. Indeed, the borrower is a slave to the lender. That's why I advocate for living within your means. I once was in debt and I could recall how the experience was. Every knock on my door sent shivers down my spine. Every incoming call made me scared. Not to talk of the embarrassment and humiliation I faced. As much as possible, we should live a debt-free life. [/QUOTE]
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Some risks attached to a life full of debt
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