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I think the best case that taking loans makes the most sense is in initiatives or businesses that would yield a lot of income in due time.
Borrowing money isn't such a bad idea, though. It's borrowing out of your capacity, making uncalculated decisions, and forming a habit out of it that can turn out to be a problem.
Exactly! How do you expect to pay back a money that you’ve never held once? It’s only a miracle.
And yes, that’s just the truth like I also mentioned, borrowing is never bad it’s just the haste we make to borrow without proper thinking it through.
Thank you so much for your thoughtful contribution Jay 🥰
I hope you're having a nice day, Hope.
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