Good-Guy
VIP Contributor
Having a loan or debt can be huge burden. I usually avoid taking huge loans and this is the only way I have been using in order to avoid debts. However, I do take small loans of $2 or $3 from my family members and it seems like a huge loan to me, despite the fact that the amount is just too low. I have always believed that the only way to avoid debts is to avoid borrowing money. I am quite sure many people might have different plans when it comes to dealing with loans and paying the loan off. So what are some of the ways you choose in order to avoid bad debts in business or personal life? Please share your valuable opinions.