Paying Debts

vidhyaprakash By vidhyaprakash, 12th Mar 2012 | Follow this author | RSS Feed | Short URL http://nut.bz/3pvdhn3k/
Posted in Wikinut>Money>Debt

Every one wish to live a debt free life. But due to some situation we are in need to get some debts from our friends and others and try our maximum to pay the debts as soon as possible.

Paying Debts

Every one wish to live a debt free life. But due to some situation we are in need to get some debts from our friends and others and try our maximum to pay the debts as soon as possible.

We must avoid unwanted spending and spend our money wisely in an useful way to avoid unwanted debt. Some times we are in need to get debt due to our emergency needs like education purpose, job purpose, medical purpose and some other important needs. There is nothing wrong in getting debts for essential purpose. But we must try our maximum to pay the debt as soon as possible and save some money to pay the debts in monthly manner.

Some persons are interested in getting debts from others, but they don't think about giving it back. In fact they don't care about paying the debts and borrow money from various friends and others and spend it lavishly, surely this kind of persons will suffer a lot with their debts. Not only them, their family members also suffer with their debts.

One of my friend is in this sort, he is interested in luxurious life and get debts from various persons and spend it in various ways. Recently he died due to an accident and his son is in need to pay all his debts. Now his family is suffering a lot with his lost as well as his borrowing activities.

If we borrowed some money from our friends and others, we must try our maximum to pay our debts by our own. Don't put this kind of responsibility to your son/daughter and other family members. You are the person who get the money from your friend and you must pay your debts by your own.

We all have the ability to pay all our debts with our hard work and earnings. So plan about paying your debts and pay all your loans and debts before your death. This kind of activity is good and don't give any burden to other family members.

I am not interested in getting debts from others. Always i try my maximum to avoid getting loans and debts. If i borrowed some thing from my friends, i will try my utter most to pay the debt as my own.

Tags

Debt, Debt Advice, Debt Consolidation, Debt Crisis, Debt Management, Debt Management Online, Debt Problems, Debt Relief, Debt Settlement, Debts, Paying Debts

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author avatar vidhyaprakash
I am running a courier agency.. writing articles in various sites.

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