Taking loans at this crucial time of #covid19 is not wisdom.
Do we know when this covid19 will end? This is not a one state or one country health crisis but a world health pandemic. No be joke!!!
It will take months for the world economy to bounce back. I'm not an economist. I'm just someone who is assessing this health pandemic my own way.
So, how will you start paying back any loan when businesses are on lockdown?
We have to think of the basic necessities of life before we can service a loan. Things like food, by the way, children are consuming lots of food at home now. The prices of foodstuffs have increased.
Things like shelter. Your landlord will be patient but will not be wait forever. We can still wear our old clothes.
A borrower of any loan from anybody including the bank is a slave or servant to the lender of that loan. The bible said it.
Be wise!!
The banks know what they are doing by daggling loans infront of a hungry person. The banks are vicious. Read your terms n conditions over 5 times. They will come.
Stay off loans.
This is a lesson for us to start what we call *Emergency Funds*. They are monies you keep for these types of emergencies. As long as you are living and alive, emergencies will come. That's why they are emergencies.
Save money.
Stop wasting money on irrelevants.
Life is a lesson. We have to learn from our mistakes and move on.
Save for emergencies.
Stop using all your 10 fingers to eat.
No to Loans.
The Lord will see you through. The young lions do suffer lack but you and your family will be fed by Jesus.
Stay strong.
Stay happy that you are still alive.
*-Mrs Olubola Adeleye*
Do we know when this covid19 will end? This is not a one state or one country health crisis but a world health pandemic. No be joke!!!
It will take months for the world economy to bounce back. I'm not an economist. I'm just someone who is assessing this health pandemic my own way.
So, how will you start paying back any loan when businesses are on lockdown?
We have to think of the basic necessities of life before we can service a loan. Things like food, by the way, children are consuming lots of food at home now. The prices of foodstuffs have increased.
Things like shelter. Your landlord will be patient but will not be wait forever. We can still wear our old clothes.
A borrower of any loan from anybody including the bank is a slave or servant to the lender of that loan. The bible said it.
Be wise!!
The banks know what they are doing by daggling loans infront of a hungry person. The banks are vicious. Read your terms n conditions over 5 times. They will come.
Stay off loans.
This is a lesson for us to start what we call *Emergency Funds*. They are monies you keep for these types of emergencies. As long as you are living and alive, emergencies will come. That's why they are emergencies.
Save money.
Stop wasting money on irrelevants.
Life is a lesson. We have to learn from our mistakes and move on.
Save for emergencies.
Stop using all your 10 fingers to eat.
No to Loans.
The Lord will see you through. The young lions do suffer lack but you and your family will be fed by Jesus.
Stay strong.
Stay happy that you are still alive.
*-Mrs Olubola Adeleye*
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