Personal Finances tips; Some bad financial decisions

Personal Finances tips; Some bad financial decisions:

Avoid the following habits at all costs because they will put you in financial distress:

1. Taking a loan for a wedding.
2. Buying a vehicle you cannot afford to maintain.
3. Getting a loan on behalf of other people i.e for a partner or a family member (it rarely ends well).
4. Taking a loan because you are pre-qualified, not because you need it.
5. Investing in get rich quick schemes i.e that promise to double your money in a week or a few months.

Now you know.

See also  The JumboPesa plus loans App and other Mobile Mpesa Loans; How to download the apps and get fast, cheap loans
4 Comments

Add a Comment

Your email address will not be published. Required fields are marked *