For me, personal finance is a better option because managing your personal finances is more profitable and less risky than borrowing money
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Yes. Having a purpose matters and knowing ways to pay back is another thing .We need to see if for what purpose we need loan and in case we are unable to manage from our own sources then its better to take loan
Yeah, one should take a loan if it's a good one. Otherwise, they'll be the one to blame at the endAnd if we have a business or an investment in mind that we are sure to get us profits then we should go for it
That's were business goal(s) comes into place. If at all one is opting in for a loan, they should have a good goal set in place in order to acquire more than the amount they've borrowed.I always believe that if we are taking loan for our business then we should be aware of its success otherwise no need to take loan
This is how they should plan and if not then they may face more issues as it would be hard to repay the loanThat's were business goal(s) comes into place. If at all one is opting in for a loan, they should have a good goal set in place in order to acquire more than the amount they've borrowed.
We need to see if for what purpose we need loan and in case we are unable to manage from our own sources then its better to take loan
We should see what we require and the nature or reason why we need money and if we really need money and there is no other way then we should take loan
Wow, and can you tell me from where we can take interest free loan because I don't see any such way possibleThere comes a time when we have to take loans and we may have no other option at all. i would prefer taking interest-free loans.
It depends on the individual. I have always loved to fund my business through my personal finance.For me, personal finance is a better option because managing your personal finances is more profitable and less risky than borrowing money