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Author Topic: If you were in desperate need for money....  (Read 208989 times)
ethereumhunter
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April 09, 2017, 12:25:45 PM
 #2121

I use to save some percentage of my earnings monthly for use in emergency situations.But if need a very big amount,then i would ask my friends or relatives a loan.But we should be careful in repaying these loans as it may even destroy our relationships if unpaid.I would try my best to avoid taking interest loans at any cast.
Paying your debt is the most important thing after you get the help. Sometimes we are just good in borrowing money but when payment time
comes we seem to forget, let's not forget that we are building reputation here and if we do not have a good one then we will surely not gonna
be given a chance to borrow again, worst if desperate times come again.
therefore borrow is the last step when you have no other way to get emergency money. because you also have to return the borrowed money with interest dude

i am agree because before we borrow the money from other people, we should thinking how we can payback that money and how long we can give to that person. its better if we are seeking for a job in around our city and i am sure that there will be an offer to us to start work so we can have our own money. its not good if we only depend from other people and this could makes us become lazy and we don't want to get better life.

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revans
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April 09, 2017, 12:28:56 PM
 #2122

I use to save some percentage of my earnings monthly for use in emergency situations.But if need a very big amount,then i would ask my friends or relatives a loan.But we should be careful in repaying these loans as it may even destroy our relationships if unpaid.I would try my best to avoid taking interest loans at any cast.
Paying your debt is the most important thing after you get the help. Sometimes we are just good in borrowing money but when payment time
comes we seem to forget, let's not forget that we are building reputation here and if we do not have a good one then we will surely not gonna
be given a chance to borrow again, worst if desperate times come again.
therefore borrow is the last step when you have no other way to get emergency money. because you also have to return the borrowed money with interest dude

i am agree because before we borrow the money from other people, we should thinking how we can payback that money and how long we can give to that person. its better if we are seeking for a job in around our city and i am sure that there will be an offer to us to start work so we can have our own money. its not good if we only depend from other people and this could makes us become lazy and we don't want to get better life.

Having a day job is always an right move to make but if you need money desperately then you have to wait till the pay day to have money in hands and may be sometimes you need so desperately that you cannot afford to wait that long and in that case borrowing is the only choice left for you.
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April 09, 2017, 12:29:43 PM
 #2123

I use to save some percentage of my earnings monthly for use in emergency situations.But if need a very big amount,then i would ask my friends or relatives a loan.But we should be careful in repaying these loans as it may even destroy our relationships if unpaid.I would try my best to avoid taking interest loans at any cast.

If you are saving regularly then you should increase the percentage of saving so it will make you to save more instead of spending on useless things and if you have saved good amount of money then you don't have to borrow it from your friends and family and that will keep your reputation intact.
back the funds will be needed when you are in need of emergency cash. therefore allocate more funds to save your money when you get a salary, do not use your salary for things that are not necessary
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April 09, 2017, 01:04:25 PM
 #2124

I use to save some percentage of my earnings monthly for use in emergency situations.But if need a very big amount,then i would ask my friends or relatives a loan.But we should be careful in repaying these loans as it may even destroy our relationships if unpaid.I would try my best to avoid taking interest loans at any cast.

If you are saving regularly then you should increase the percentage of saving so it will make you to save more instead of spending on useless things and if you have saved good amount of money then you don't have to borrow it from your friends and family and that will keep your reputation intact.
back the funds will be needed when you are in need of emergency cash. therefore allocate more funds to save your money when you get a salary, do not use your salary for things that are not necessary

Saving is the best habit and if you have saved money regularly then it will take care of you in this kind of situation so that you don't have to depend on others to get money and may be your friends and family won't be able to help you out each and every time.

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April 09, 2017, 01:21:47 PM
 #2125

I use to save some percentage of my earnings monthly for use in emergency situations.But if need a very big amount,then i would ask my friends or relatives a loan.But we should be careful in repaying these loans as it may even destroy our relationships if unpaid.I would try my best to avoid taking interest loans at any cast.

If you are saving regularly then you should increase the percentage of saving so it will make you to save more instead of spending on useless things and if you have saved good amount of money then you don't have to borrow it from your friends and family and that will keep your reputation intact.
back the funds will be needed when you are in need of emergency cash. therefore allocate more funds to save your money when you get a salary, do not use your salary for things that are not necessary

Saving is the best habit and if you have saved money regularly then it will take care of you in this kind of situation so that you don't have to depend on others to get money and may be your friends and family won't be able to help you out each and every time.
That's true and I believe everyone should learn how to save regardless of our status in life, time will come that we did not expect we need more money, so at least we have something that we can use. Also, saving is not only for that purpose alone, it can also be use for business plans in the future and that thing could really help improve your life though.

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Creepings
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April 09, 2017, 01:26:13 PM
 #2126

I use to save some percentage of my earnings monthly for use in emergency situations.But if need a very big amount,then i would ask my friends or relatives a loan.But we should be careful in repaying these loans as it may even destroy our relationships if unpaid.I would try my best to avoid taking interest loans at any cast.

Saving is the good way to get some money especially when you need money and you are in a situation where you need it most. Thinking what might happen in the future may lessen the dissapointment that you will feel when something bad happens and some of them, you might prepare something so when they come, you will be prepared to face it. Borrowing money is a really hard thing to do especially when it is your closest friend, but you can't help it because you need it, right? Loans are good too, but how about the payment? It is hard to get the payment especially when you do not have a job, better to save as long as you can now while you can still do it.
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April 09, 2017, 01:27:23 PM
 #2127

I use to save some percentage of my earnings monthly for use in emergency situations.But if need a very big amount,then i would ask my friends or relatives a loan.But we should be careful in repaying these loans as it may even destroy our relationships if unpaid.I would try my best to avoid taking interest loans at any cast.

If you are saving regularly then you should increase the percentage of saving so it will make you to save more instead of spending on useless things and if you have saved good amount of money then you don't have to borrow it from your friends and family and that will keep your reputation intact.
back the funds will be needed when you are in need of emergency cash. therefore allocate more funds to save your money when you get a salary, do not use your salary for things that are not necessary

Saving is the best habit and if you have saved money regularly then it will take care of you in this kind of situation so that you don't have to depend on others to get money and may be your friends and family won't be able to help you out each and every time.
That's true and I believe everyone should learn how to save regardless of our status in life, time will come that we did not expect we need more money, so at least we have something that we can use. Also, saving is not only for that purpose alone, it can also be use for business plans in the future and that thing could really help improve your life though.

Yeah and if you have saved enough money then it will help you in building up your capital and that can be used in future for investing it anywhere and even if you don't have any plan to invest then that money will be helpful at your time of emergencies.
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April 09, 2017, 01:59:33 PM
 #2128

If I was really deep in the shit and I had a decent credit history, I'd take a decent loan from the bank.

Then I'd take any work I could get.  If I'm willing to work ~12 hours a day 7 days a week, including online like on Bitcointalk for example, you could get quite a bit of a cash flow back in, as long as you're okay with the risks.

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April 09, 2017, 02:04:17 PM
 #2129

I have a day job with decent salary but I have to face this situation ever in my life then I would borrow money from colleagues as they are working with me since long time and have blind faith in me that I will not run away with their money and will pay them back on time.

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April 09, 2017, 03:54:18 PM
 #2130

I use to save some percentage of my earnings monthly for use in emergency situations.But if need a very big amount,then i would ask my friends or relatives a loan.But we should be careful in repaying these loans as it may even destroy our relationships if unpaid.I would try my best to avoid taking interest loans at any cast.

Saving is the good way to get some money especially when you need money and you are in a situation where you need it most. Thinking what might happen in the future may lessen the dissapointment that you will feel when something bad happens and some of them, you might prepare something so when they come, you will be prepared to face it. Borrowing money is a really hard thing to do especially when it is your closest friend, but you can't help it because you need it, right? Loans are good too, but how about the payment? It is hard to get the payment especially when you do not have a job, better to save as long as you can now while you can still do it.

Who doesn't have a job nowadays? Even when you are unemployed, you will always have a source of income because otherwise you'll die of starvation. One of the greatest expenses that we will ever have is hospital expenses so most people get insurance from different companies right when they start having a job. When they get to the worst level of their health, they will not have problems financially since they know that their insurance will cover it. Other people especially the clever ones work in a company that gives you instant health care.

But let's say that's not what you need the money for. Loans doesn't have to be paid right away. There's just monthly or weekly deposits to be made which isn't really big comparing to the amount that you borrowed.
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April 09, 2017, 04:03:56 PM
 #2131

I have an habit of saving money in both bitcoins and also in fiat so if I am in desperate need of money then I will use saving and if I need some more money then I will prefer to sell a small portion of my bitcoins and take care of the situation.

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April 09, 2017, 11:47:01 PM
Last edit: April 11, 2017, 01:10:33 PM by grandy
 #2132

I have a day job with decent salary but I have to face this situation ever in my life then I would borrow money from colleagues as they are working with me since long time and have blind faith in me that I will not run away with their money and will pay them back on time.
some time it become hard to borrow money therefor i try my best to save so extra money for intense need. for this purpose i have invested my 80% amount in bitcoin while the rest 20 %  i usually save for my intense need.
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April 10, 2017, 12:15:53 AM
 #2133

I have a day job with decent salary but I have to face this situation ever in my life then I would borrow money from colleagues as they are working with me since long time and have blind faith in me that I will not run away with their money and will pay them back on time.
some time it become hard to borrow money therefor i try my best to save so extra money for intense need.

Borrowing money should be the second choice and only if we don't have any other choice to make and the first priority should be to save money and if you have saved it regularly then you will never have to borrow it from the people around you.
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April 10, 2017, 12:33:03 AM
 #2134

I have a day job with decent salary but I have to face this situation ever in my life then I would borrow money from colleagues as they are working with me since long time and have blind faith in me that I will not run away with their money and will pay them back on time.
some time it become hard to borrow money therefor i try my best to save so extra money for intense need.

Borrowing money should be the second choice and only if we don't have any other choice to make and the first priority should be to save money and if you have saved it regularly then you will never have to borrow it from the people around you.

That's correct and now you also have an choice of saving bitcoins and if you have saved bitcoin then you can sell some of them anytime in emergency situation and if the price is high when you sell then its an added advantage for you and will give you rid from borrowing from people.
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April 10, 2017, 12:41:31 AM
 #2135

If i am i need and desperate i would sell some of my things like gadgets like i was done before .
I don't want to borrow money because i have a pride when in terms of approaching people especially in need and in money. Borrowing will be my last option if necessary and in for emergency matters only.


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mornabo
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April 10, 2017, 12:44:16 AM
 #2136

I use to save some percentage of my earnings monthly for use in emergency situations.But if need a very big amount,then i would ask my friends or relatives a loan.But we should be careful in repaying these loans as it may even destroy our relationships if unpaid.I would try my best to avoid taking interest loans at any cast.
Paying your debt is the most important thing after you get the help. Sometimes we are just good in borrowing money but when payment time
comes we seem to forget, let's not forget that we are building reputation here and if we do not have a good one then we will surely not gonna
be given a chance to borrow again, worst if desperate times come again.
I also have a story like this incident, my friend borrowed money on me and he did not pay when it was a few months ago, and it makes us less good friendship. I feel bad if it should be asked him to pay because we are friends ?
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Super Smash Bros. Ultimate Available Now!


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April 10, 2017, 01:00:39 AM
 #2137

I use to save some percentage of my earnings monthly for use in emergency situations.But if need a very big amount,then i would ask my friends or relatives a loan.But we should be careful in repaying these loans as it may even destroy our relationships if unpaid.I would try my best to avoid taking interest loans at any cast.
Paying your debt is the most important thing after you get the help. Sometimes we are just good in borrowing money but when payment time
comes we seem to forget, let's not forget that we are building reputation here and if we do not have a good one then we will surely not gonna
be given a chance to borrow again, worst if desperate times come again.
I also have a story like this incident, my friend borrowed money on me and he did not pay when it was a few months ago, and it makes us less good friendship. I feel bad if it should be asked him to pay because we are friends ?


If your friend have delayed in paying you back then I think you should understand his situation and should give some more time to repay you and cannot afford to spoil the friendship and he will surely pay you in near future its just a matter of time and patience.
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woah that's a lot of money


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April 10, 2017, 01:18:20 AM
 #2138

I am willing to kill a man, many men. As many humans or animals as you require - for a price. PM me for info.

BTC: 1HmTtysbeo9EsbotzcpL8QEx8PRcB5EzgW
phaddie
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April 10, 2017, 01:20:25 AM
 #2139

If I am desperate need of money then will prefer to sell my unwanted stuff and get the cash in hands and at that stage I may even compromise with the price and sell lower then market rate to make sure that I get money instantly.
Harlot
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April 10, 2017, 02:54:32 AM
 #2140

If i am i need and desperate i would sell some of my things like gadgets like i was done before .
I don't want to borrow money because i have a pride when in terms of approaching people especially in need and in money. Borrowing will be my last option if necessary and in for emergency matters only.
I would say that this would only work in a short term because your resources are limited, what will happen if you don't have anything to sell anymore? Of course you would put yourself in a bad situation because the solution you have is for a quick fix only. You need to always have a back up plan every time you execute the sale or you have to have a solution every time you do it. How about building a business or creating more ways to earn money? By doing so you did not only created a solution but also provided yourself with the means of income that can support you without even touching your things to sell.
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