Of course, sometimes in life we need loans to balance up our financial plan so that one could be able to cope with the inflation in society and in the outside world. Loan is important if one obtain it and use it judiciously.

What is loan?

Loan is the capital or anything you borrowed like money with agreement and intention to payback with interest. In one way or the other, averagely almost everyone has obtained loan before for one or two reasons.

What are the things that go up or increase in value?

The things that go up in value are numerous, I mean they are uncountable. There are a lot of things that appreciate with time and some too deprecate as time passes by. Things that can actually appreciate are like land, housing, cryptocurrency, stocking food during deflation and wait till inflation and many more like that.

What can put us in financial bondage?

Financial bondage usually comes along with when someone isn't balance financially which might be as a result of debt or extravagant life. So what could worsen someone's financial life is when you sort for loan and the loan isn't used cautiously and judiciously. When you a get, one needs to be oriented on how to invest the loan on business or buy asset that appreciate over time. Spending loan carelessly can result to one's financial life being jeopardized. So as soon as this loan is granted, one should just invest the money on business or on asset that will appreciate so that the loan can be paid back and at the same time one's financial life will balance up.

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