Borrow Money Or Live Broke?
November 24, 2009
There are not a lot of Americans who know how to borrow rightly. I am not thinking about the statistics or the economics of the venture, rather of the brains behind it. Knowing how to cease the moment takes a special insight that you can afford to endow yourself with. Know that now, and seek to bless yourself with it.
How badly do you need a few extra bucks? Bad enough to borrow? If you don’t think things have gotten that far just yet, then you shouldn’t bother about it. When you borrow, it has got to be at a time that you know you need to. Then you know that you will use it well, and not just waste it.
Sometimes even something as simple as a vacation at a dream location you have always had in mind might cause for you to borrow money. That is all good, but you must put the borrowed money to good use. Only then can you be satisfied that you have done well by yourself, and then you can be happy to repay what you borrowed.
Needing money for bill consolidation is almost the primary reason why people borrow money in the United States. If not, it is at least why smart people borrow. If it is not the reason why you are borrowing, that other reason had better be good. If you will not be making money back from it, maybe you should not be borrowing at all.
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