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Author Topic: If you were in desperate need for money....  (Read 209038 times)
Aamir1
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September 09, 2016, 08:54:19 AM
 #781

If I was desperate for money I think that I would try to lend some money from the bank because I do not know what else to think of.
I know that lending money costs you more money in the end but sometimes you do not have a choice.

Exactly, it depends on the situation actually if how much time do you have for getting that money, if you have enough time then you might be able to earn some but if you need them too early and the time you have is not enough for earning then you will have no choice then asking for a loan.
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September 09, 2016, 12:35:20 PM
 #782

If i am in desperate need of money then i would first of all ask my parents for the help because they are the ones who can provide me money quickly and solve my problem.If i cant tell the problem to my parents then i would ask my one or two trustable friends for help.

Asking parents firts seems very logical but I'm too ashamed to ask them. I'm grown up so I'd should be able to provide enough money for myself. And they don't have so much money either so parents are not solution for me.
yeah I think family is the people that closest to your life. when you need the money urgently maybe you can try to ask and borrow from family. I'm sure when your parents or your family have money. I'm sure he'll give it voluntarily

I think that's a pretty low thing to do, depending on how old you are, maybe if it was a last option... But I would prefer not to do that.
Just make sure that you always have some reserves, then you would never need to do that.

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September 09, 2016, 12:36:35 PM
 #783

If I was desperate for money I think that I would try to lend some money from the bank because I do not know what else to think of.
I know that lending money costs you more money in the end but sometimes you do not have a choice.

Exactly, it depends on the situation actually if how much time do you have for getting that money, if you have enough time then you might be able to earn some but if you need them too early and the time you have is not enough for earning then you will have no choice then asking for a loan.

That's why just only consider to take a loan if ever a person really needs it badly or really can considered as an emergency or urgent one.

Desperation really happens when the time like that happen.

Also for investment purposes, just take a long term loan if people are already sure on what kind of investment they will choose so that they can bring back the loan without any problem in the accepted terms.
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September 09, 2016, 02:27:18 PM
 #784

If I was desperate for money I think that I would try to lend some money from the bank because I do not know what else to think of.
I know that lending money costs you more money in the end but sometimes you do not have a choice.

Exactly, it depends on the situation actually if how much time do you have for getting that money, if you have enough time then you might be able to earn some but if you need them too early and the time you have is not enough for earning then you will have no choice then asking for a loan.

That's why just only consider to take a loan if ever a person really needs it badly or really can considered as an emergency or urgent one.

Desperation really happens when the time like that happen.

Also for investment purposes, just take a long term loan if people are already sure on what kind of investment they will choose so that they can bring back the loan without any problem in the accepted terms.

I agree with you there are really some circumstances that we  really need to loan especially when we dont have money at all and theres an emergencies that might happen in the future which really needs financial and thats the time we could  borrow money to someone but be sure to repay when you already have a money so that  everytime you borrow they wont refuse to you since your a good payer.

bamboylee
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September 09, 2016, 03:22:41 PM
 #785

If i am in desperate need of money then i would first of all ask my parents for the help because they are the ones who can provide me money quickly and solve my problem.If i cant tell the problem to my parents then i would ask my one or two trustable friends for help.

Asking parents firts seems very logical but I'm too ashamed to ask them. I'm grown up so I'd should be able to provide enough money for myself. And they don't have so much money either so parents are not solution for me.

A friend in need is a friend indeed, If I am desperate need of money then I will prefer to borrow from my friend as my friend will never take interest from me and there will be no pressure to return that money.

If you have a rich friend, it will be fine. He will not pressure you to pay immediately. But if that friend is just a normal person, then it will be different scenario. Some friendship is ruined by bad debts. So if you are going to borrow from friends, make it sure to pay immediately.
gerXhonza
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September 09, 2016, 03:25:39 PM
 #786

If i am in desperate need of money then i would first of all ask my parents for the help because they are the ones who can provide me money quickly and solve my problem.If i cant tell the problem to my parents then i would ask my one or two trustable friends for help.

Asking parents firts seems very logical but I'm too ashamed to ask them. I'm grown up so I'd should be able to provide enough money for myself. And they don't have so much money either so parents are not solution for me.

A friend in need is a friend indeed, If I am desperate need of money then I will prefer to borrow from my friend as my friend will never take interest from me and there will be no pressure to return that money.

If you have a rich friend, it will be fine. He will not pressure you to pay immediately. But if that friend is just a normal person, then it will be different scenario. Some friendship is ruined by bad debts. So if you are going to borrow from friends, make it sure to pay immediately.

Well if your friend have helped you in your tough times then you should not delay in returning his money, and if you don't have intention to pay him back then it will surely spoil your relationship and he will not help you again in future.
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September 09, 2016, 09:45:57 PM
 #787

I would consider selling things that I don't need, or that are not very important for me in my daily life. Then I would use part of the earned money to invest in something with potential to give me profit.
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September 09, 2016, 11:43:39 PM
 #788

If I was desperate for money I think that I would try to lend some money from the bank because I do not know what else to think of.
I know that lending money costs you more money in the end but sometimes you do not have a choice.

Exactly, it depends on the situation actually if how much time do you have for getting that money, if you have enough time then you might be able to earn some but if you need them too early and the time you have is not enough for earning then you will have no choice then asking for a loan.

and for te needy people it is much harder to get a loan especially in the condition when he will not have any collateral for to keep with, as everyone have faced a situation of loan default so they now do not trust.

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carlfebz2
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September 10, 2016, 01:45:06 AM
 #789

If I was desperate for money I think that I would try to lend some money from the bank because I do not know what else to think of.
I know that lending money costs you more money in the end but sometimes you do not have a choice.

Exactly, it depends on the situation actually if how much time do you have for getting that money, if you have enough time then you might be able to earn some but if you need them too early and the time you have is not enough for earning then you will have no choice then asking for a loan.

and for te needy people it is much harder to get a loan especially in the condition when he will not have any collateral for to keep with, as everyone have faced a situation of loan default so they now do not trust.

This is  happening on almost people  when they intend  to request loan but the  hard part is  they dont have any strong collateral since they are only just  poor and nothing could be guarantee that why some people  dont have choice but  do illegal things. For me  if  im included on those poor people i would  rather a stable job rather  than  doing illegal things because  you are really need  in money.

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September 10, 2016, 02:02:35 AM
 #790

If I was desperate for money I think that I would try to lend some money from the bank because I do not know what else to think of.
I know that lending money costs you more money in the end but sometimes you do not have a choice.

Exactly, it depends on the situation actually if how much time do you have for getting that money, if you have enough time then you might be able to earn some but if you need them too early and the time you have is not enough for earning then you will have no choice then asking for a loan.

and for te needy people it is much harder to get a loan especially in the condition when he will not have any collateral for to keep with, as everyone have faced a situation of loan default so they now do not trust.

This is  happening on almost people  when they intend  to request loan but the  hard part is  they dont have any strong collateral since they are only just  poor and nothing could be guarantee that why some people  dont have choice but  do illegal things. For me  if  im included on those poor people i would  rather a stable job rather  than  doing illegal things because  you are really need  in money.
If you look in the right places it is entirely possible for most people to get money from loans, and even from reputable places like a normal bank. All you need to do is look for a smaller amount that doesn't need collateral, and as long as you have a way to prove income most banks won't write you off completely from getting a loan. They won't give you huge amounts, but a lot of them will definitely consider smaller $1-2k loans, and if they can pay that, then it is highly like they will look at you for bigger loans.

Banks also like to get lower incomes into slave debt, which basically nets them interest money for most of the indebtee's life, so keep that in mind and always be watchful of that.
Zooplus
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September 10, 2016, 03:05:49 AM
 #791

If I was desperate for money I think that I would try to lend some money from the bank because I do not know what else to think of.
I know that lending money costs you more money in the end but sometimes you do not have a choice.

Exactly, it depends on the situation actually if how much time do you have for getting that money, if you have enough time then you might be able to earn some but if you need them too early and the time you have is not enough for earning then you will have no choice then asking for a loan.

and for te needy people it is much harder to get a loan especially in the condition when he will not have any collateral for to keep with, as everyone have faced a situation of loan default so they now do not trust.

This is  happening on almost people  when they intend  to request loan but the  hard part is  they dont have any strong collateral since they are only just  poor and nothing could be guarantee that why some people  dont have choice but  do illegal things. For me  if  im included on those poor people i would  rather a stable job rather  than  doing illegal things because  you are really need  in money.
If you look in the right places it is entirely possible for most people to get money from loans, and even from reputable places like a normal bank. All you need to do is look for a smaller amount that doesn't need collateral, and as long as you have a way to prove income most banks won't write you off completely from getting a loan. They won't give you huge amounts, but a lot of them will definitely consider smaller $1-2k loans, and if they can pay that, then it is highly like they will look at you for bigger loans.

Banks also like to get lower incomes into slave debt, which basically nets them interest money for most of the indebtee's life, so keep that in mind and always be watchful of that.
You are right with your statement, we should only take a loan if we are in desperate need of money unlike other people who take a loan as they want to buy their wants, that is the real problem will start when you will focus on your wants rather on your needs and in times of trouble you cannot avail on banks anymore as you are already fully indebted with a bigger balance still.
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September 10, 2016, 04:10:47 AM
 #792

If I was desperate for money I think that I would try to lend some money from the bank because I do not know what else to think of.
I know that lending money costs you more money in the end but sometimes you do not have a choice.

Exactly, it depends on the situation actually if how much time do you have for getting that money, if you have enough time then you might be able to earn some but if you need them too early and the time you have is not enough for earning then you will have no choice then asking for a loan.

and for te needy people it is much harder to get a loan especially in the condition when he will not have any collateral for to keep with, as everyone have faced a situation of loan default so they now do not trust.

This is  happening on almost people  when they intend  to request loan but the  hard part is  they dont have any strong collateral since they are only just  poor and nothing could be guarantee that why some people  dont have choice but  do illegal things. For me  if  im included on those poor people i would  rather a stable job rather  than  doing illegal things because  you are really need  in money.
If you look in the right places it is entirely possible for most people to get money from loans, and even from reputable places like a normal bank. All you need to do is look for a smaller amount that doesn't need collateral, and as long as you have a way to prove income most banks won't write you off completely from getting a loan. They won't give you huge amounts, but a lot of them will definitely consider smaller $1-2k loans, and if they can pay that, then it is highly like they will look at you for bigger loans.

Banks also like to get lower incomes into slave debt, which basically nets them interest money for most of the indebtee's life, so keep that in mind and always be watchful of that.
You are right with your statement, we should only take a loan if we are in desperate need of money unlike other people who take a loan as they want to buy their wants, that is the real problem will start when you will focus on your wants rather on your needs and in times of trouble you cannot avail on banks anymore as you are already fully indebted with a bigger balance still.

Buying more your wants instead of needs is just like suicide especially if you took a loan from someone or in bank for sure  you would have a hard time on paying that unless if you have big salary on your job but still its not advisable to get a loan if you really dont need it. You might not be aware if you keep on loaning in the long run you wont pay those amounts plus interest which causes you to wrecked.

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September 10, 2016, 05:31:15 PM
 #793

If I was desperate for money I think that I would try to lend some money from the bank because I do not know what else to think of.
I know that lending money costs you more money in the end but sometimes you do not have a choice.
Today a person to get money when you need very urgently, perhaps only in the bank as possible. Of course for this bank will have with this man of great interest. But the fact that people generally live in some countries at the expense of loans and normally everything goes.
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September 10, 2016, 08:20:50 PM
 #794

I think that i will try to get loan  from bank or just lend some money from  my family or friend , i am sure that somebody would help me  in situation like this.
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September 10, 2016, 09:01:58 PM
 #795

I am always trying not to borrow money, so i will try to get out from this troulbe with different ways, maybe it will be illegal, but i don't really care Grin

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September 10, 2016, 09:14:23 PM
 #796

If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.

People would start selling what they have, firstly their digital goods (any game key, any steam account or anything that has value)
Then I think that they would start selling bitcoin^ or their physical stuff laptop or their phone.
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September 10, 2016, 11:10:02 PM
 #797

If you need money,  you need money , so yes I would sell anything  to satisfy my finance debt . Obviously bitcoins and stocks  would be the last on my list to sell . First i would sell my electronics  and things that I don't really need.
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September 11, 2016, 03:11:51 AM
 #798

There are many ways to get money  on the Internet, one of which is btc. First I would look for some tasks to get it online, or I would borrow money to buy btc and, in a planned way, make profit.
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September 11, 2016, 09:56:29 AM
 #799

I am always trying not to borrow money, so i will try to get out from this troulbe with different ways, maybe it will be illegal, but i don't really care Grin

So are you gonna steal money or what?  Cheesy I think the best and safest way to get money is to sell unwanted stuffs that we have which can generate money in quick time.
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September 11, 2016, 10:01:44 AM
 #800

For most people, working a 'real' job is going to be a vastly more efficient way of earning cash (which can then be used to purchase BTC) than trying to find non-conventional ways to earn BTC. There is a reason that the conventional way of earning money is the conventional way and other ways are 'unconventional' - it's what works.
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