There is nothing bad in borrowing and we all borrow for different reasons most people thought what matters in borrowing money is what you want to use the money to do and not how you will pay it back.
What you want to use the money you borrow to do will always be one of the most important things borrowing because I have seen a situation where someone uses borrowed money to place a bet on a betting site, many people dare to do something even worst than this.
When I heard stories on how some people run into debt I realized that 70% of those people caused it but we have debt that is caused by unseen circumstances and it is very important to have a plan on how to pay back even if your plan doesn't work out.
Avoid it
Some debts are caused by nature, fate, and some unexplainable event that seems like a spiritual attack because it doesn't make sense most time. That is why some people will tell you to stay away from debt. Irrespective of how certain you feel about what you want to invest in, it is better to borrow what can pay back on your own.
Apart from mismanagement of money borrowed, some people borrow money based on good intention but because of one reason or the other, they fail to meet expectations which lead to debt. When you borrow what you can pay back it makes borrowing easy and let us invest without pressure.
Make it easy.
Pressure is one the reason why many plans fail because might have been working well but immediately we experience small difficulties we change our minds and destroy our plans out of fear because we don't wanna lose money.
When you borrow to boost a business that is booming or borrow to settle an emergency and you have your investment somewhere it makes borrowing easy and if anything bad happens you will still manage to pay back. It is always better to borrow what you pay back to avoid a lifetime of slavery.
Thanks for your time.
