loans

Pay Cash and Don’t Borrow Money

Very few people probably don’t think this is possible to do. But I am telling you that anything is possible and some people are able to do it. Our boys for sure don’t believe in it but we are working with them on it. They want everything now and not to save up for it.

No Loans to Family or Friends

Most people probably would say they love and care for their family and friends. Myself I like to solve problems because I don’t like to see anyone suffer. Especially when it is my family or friends. It normally has felt good when I could help them out with loaning people money but then normally those feelings go away and new feelings of pain seem to set in.

Don’t Co-Sign Anything for Anyone

Have you ever co-signed on a loan for someone before? If so, how did it work out? I have had many friends that co-signed loans from student loans to personal loans for their kids, relatives or friends and some of those loans they ended up having to pay them off. I co-signed on a couple of loans and they both worked out but at times I lost sleep worrying about getting stuck paying for them. I tell myself I won’t put our family in that position again.