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Here is my opinion on loans. It is not the opinion of whom we call "expert financial advisers" or "debt consultants" but for many
it is an opinion of the simple truth. The truth about loans is that you should not need one. If you do need a loan
you are not on the right path in life. Debt is not a good feeling. People get loans in desperation or greed or lack of sensibility. If you cannot afford something that you feel you need or want
then you should not want those things
you should want more money. However
you should not want to borrow money
you should be concentrating on how you make that money for yourself.

Now
many will agree there are a very few loans that are actually worth getting. For instance
student loans are actually going towards a very productive
positive
worthwhile cause. It is true that over 50% of student loans end up being wasted by the student instead of being used to better educate themselves. But the ones that do use a student loan to ultimately get what they want in life are the ones that deserve the loan and can handle the debt. An example of a horrible loan to get is a payday loan. If you cannot support yourself between paychecks and cannot save up enough money to use for emergencies
than you should not be getting a loan. Instead of getting a loan you should be concentrating on making more money
and let your "injustices" or "sufferings" propel you towards a better income and financial stability.

If you work for
own or otherwise are affiliated with a bank or other type of financial institute that makes their money off of interest paid to them by people borrowing money
than please let me give you some praise. About 1% of the population makes roughly 96% of all the money. This is no accident either. Parts of that 1% are financial institutes that I have mentioned and slightly demeaned. Just give yourself a pat on the back
you made so much money that you are now able to make even more money by lending all the money you made to people who lack the mind set to create wealth on their own.

Money makes the world go around
the question is; who's going to make the money?

Both of your fortunes and misfortunes in life were created
manifested and overcome by you.

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