In this video, certain habits which can mess with our savings goals are highlighted, along with how they can be avoided.
▶️ 3Speak
How loans destroy your financial plans
last year in LeoFinance by quincykristoffer (57)
$1.66
- Max accepted payout: $100,000.00
- Past Payouts $1.66
- - Author $0.83
- - Curators & beneficiaries $0.83
- > spk.beneficiary: $0.07
- > threespeakleader: $0.01
- > vaultec: $0.01
31 votes
- threespeak: $1.60
- threespeak-es: $0.02
- iliyan90: $0.01
- ississ89: $0.01
- roflie: $0.00
- cttpodcast: $0.00
- projectmamabg: $0.00
- velinov86: $0.00
- diyan3973lenkov: $0.00
- dontcare89: $0.00
- hive-bulgaria: $0.00
- iliev26: $0.00
- alicewonderyoga: $0.00
- tbabachev: $0.00
- snedeva: $0.00
- tiger85: $0.00
- elkakoycheva: $0.00
- sahidclement10: $0.00
- mihaylov: $0.00
- diegoameerali: $0.00
- and 11 more
I don't believe in taking loans to finance a lifestyle. I'd rather save up for whatever I need.
Loans are lifesavers. It's just that it can be a disadvantageous because you will end up paying more than you should. That money can be used on something else.
Those loan apps are even scams. They will borrow you money and hope you can't pay back so that they can add more money on top, and make you pay much more. I won't advice anyone to use loan apps.