July 26, 2023
- Olsen Breet
- April 14, 2021
As a person, you follow the aim of believing in yourself. Yet, the low time has targeted your aim very hard. It is because of many failures you have seen till now. Everyone in your livelihood has always projected towards the direction of success.
Due to unfortunate destiny, you have always struggled to get the desirable thing for the future. It was when you were waiting for a miracle to happen towards a better and safe future.
There were nights where you have almost planned for the dark future. It is where the struggle and poverty are likeble to assess the most. Besides, the early mornings were the fear of happening to all vision in reality.
You needed the motivation to charge the strength and to handle the hardship of the given time. It also helps in overcoming all the doubts.
You have to manage the struggle of positivity. Your friends were always there to help in the situation of my server and apprehensive time. The fantastic ideas from a friend may encourage you to start the business of technology.
The limited money in your account and eye towards the bright future urged you to borrow money from a friend. This way, you managed to start a business that helped you to light the candle of hope.
First stage when you’ve borrowed money
You started with a bit of scared feeling and ambiguity in your heart. It is the reason you started with slow steps. If ever anything goes, then there will be less damage to repair. There is a start-up where you are connected with the supply of technical gadgets. It helped in gaining your confidence. You felt a great start because that enabled you to stand independently. Yet, trouble never knocks and comes.
Meanwhile, you were enjoying the work you started. You were climbing every step for better progress in the business. The expense of purchasing technical gadgets is vast. The remaining covers the maintenance charges. In all such chaos, it becomes difficult to handle the journey peacefully. Here you forget to make savings for the repayment, the money you took from your friends.
The mess you had
You and John were great friends since childhood. Therefore, you did not give any second thought to borrow some money. It has been said that “before borrowing money from friends decide which need the most.” it is known to be the exact line. Money is the poison that once spread the most desired relationships. Here you were going with the flow of destiny to cherish the hard work and its fruitful results.
Moving further… When you realized that John was angry about getting the repayment of his payment, it turns into a massive fight. On that particular day, you felt miserable. Due to the mismanagement of money, you ruined the childhood friendship. It is one of the biggest lessons received on taking debt to realise the significant importance of it.
How you can recover yourself
It is very disappointing to lose a real friend due to misunderstanding on financial matters. You need to realize a fact here is that the challenges may come and go. You need to keep up the spirit of work continues. With the immense breakdown, repay the amount becomes the priority.
While managing too much work for a long time, there will be no doubt of hearing the online borrowing help. Considering your situation, you may avail debt consolidation loan with bad credit.
In the given borrowing, you received the amount to repay to John first. After that, you proceeded in a qualified manner. The best thing about the source is that you received the amount on an instant decision. Besides, it sets the small repayment to make monthly.
This way, you managed to start spending money on your business and regained with the slow pace. All these things can be mesmerizing that I paid the money taken from John. Still, it can be sad to lose a beloved friend like him.
You should always know that you have to face surprises and losses when starting the business journey. The best way to deal it with is the proper financial planning and its implementation.
It is the friend where you learned the first lesson to be active and punctual with finance. Still, some people must be floating in the shallow water and finding a way out. We suggest you take every step in finance with a smart move. It helps you to make a healthy balance in the journey of living.
If you got stuck in any such situation, you have more borrowing options to consider. For instance, you can get a loan in 15 minutes in the UK from an online source. Thus, it is a learning lesson for every individual. If they want a balanced financial life, they have to be sincere in proper repayments to avoid many debts to accumulate.
Olsen Breet is our in-house Financial Expert at EasyPolicyLoans, with more than a decade of writing for various finance companies in the UK. He has got this knack for turning even the trickiest money matters into something we can get our heads around. Before he started sharing his wisdom here, Olsen was playing with big numbers and advising on loans at a bank. He graduated from University of Glasgow, grabbing a finance degree before jumping into the deep end of the financial pool. Olsen’s our go-to guy for making sense of market trends and is always ahead of the curve.