don’t overspend
It puzzles me but it is a known reality that there are many people who accumulate too much shopping bills that they need to resort to taking personal loans. I knew of a friend who had to take loans just to pay her credit card bills and finance certain personal expenses. Her overspending began when her husband was promoted and holding a high paying job but when he was retrenched within a short notice, she couldn’t managed her bills.
But it was interesting that she had no problems getting her secured loans approved since her husband was once doing well. The bank didn’t bother to find out their current financial standing which I thought was a little slack on their part. But seriously, I believe it is important to be careful and not go overboard with shopping expenses. What are your thoughts on this?
