Do you like owing money from bank or other person?

hi there, i absolutely don't like owing money from anybody. i don't like the fact too that i ave to keep looking back at them because they helped me. and i also don't like lending people some money, not that i am selfish and greedy but because, they don't pay. and plus they are the ones who have the guts to ignore you. so now, i have changed my views, i just have learned so much from it.

yes true, but it would be nice before we transact our debts when the debt agreement do not get paid and how long that no one harmed

I like the feeling of being self sufficient and independent. I like to be able to handle my financial needs on my own. I don't like being a burden to someone else or another source for my finances. I don't like to owe or be indebt to anyone else.

I not like owe the money but if the situation will created then I will check the percentage of interest if friends giving on less interest then I will owe from the friends.

In some emergency cases which cannot be avoided,I do borrow money from friends or family/relatives. But for other things and not so important things, I try to avoid it. So, I always tried to budget my finances till the next payday.

I guess owing a bank is better, though it comes with interest.

I do have one right now, but only because I really really need it and at that time I am desperately in need of money. But as much as possible I do not want to owe somebody or a bank any money. Even credit cards, I rarely use it only just for emergency purposes like medical issues or something. And I make sure I will be able to pay it.

no no we must avert the situation by trying all best ways to earn money because owing money is bad practice and one it becomes habit it causes more damage to us so better not to take money from bank or from any source .......... Hare Krishna Ganesh

I only have two remaining bank loans that still need to be settled. After that, I'm debt-free. And as much as possible, I want to keep it that way. It's really hard to be in debt, even if the amount is small. I know that there times wherein you need to secure loans from banks or any lending institution because of emergencies or as business capital but I blame myself for not managing my money properly back when I was earning a lot. For me, it's not really a good feeling to owe anyone. It's like I'm beholden to them.

I rather loan from the bank than from a friend. Because with the bank I had a lot of options on how I would pay it. And a bank always has the available money as long as I qualify to their requirements.

I have some debt and so does my husband randy, but most of our debts are his medical bills. sadly, we could not get medical insurance for him, but now the Veteran's Administration in Nevada is helping us out with medical. Randy has diabetes and if we were getting help in Idaho his suagrs would have been under control. sadly, while living in Idaho we could not afford his medicine which had hurt him. Now he has a serious foot condition that results him having to use a wheelchair and if it does not heal by the end of the year he will have to get surgury or possibly have it amputated. My debts are a few cedit cards, but I am planning on paying them off as soon as Randy starts collecting his disability (which will be in anywhere between three to six months). I am not working because Randy needs care and as his wife I feel that it is important for me to take care of him.

Well both has disadvantage and advantage...but as much as possible I think trying not to borrow money is of course the best way... I think borrowing money to a friend is.. - yeah there could be no tax or intres you have to pay more whenever you miss the due date...but there are also some friend who actually ask for a little bit of more money when you return it..lol after all money is money even families is having an issue when it comes to money... - The other thing is that person you "consider" as your friend might be actually fake who just like to stab people behind their back just to feel better about themselves.. so if you dont want the whole circle of your friends or the whole company to know your personal problem or the reason why you borrowed money from that friend.. better not to do it.. just to make sure your reputation will not decrease.. just because of those nonsense gossips.. Borrowing money from the bank.. -hmm for me its a little bit stressing specially as you watch the intres go when you cant really pay it on time.. - of course its more private to borrow in the bank.. - but it could ruin your credit sometimes you could even be black listed if you cant find ways to return the money.. I know money is so hard to find and to keep these days,, but my advise is plan..plan..plan.. and of course dont spend more than you earn.. (I know everybody know this but I sometimes do it too..haha)

When I owe money, I have the courage to do so because I knew I will have a money coming soon, only I have something to pay immediately. If I know I cannot pay soon, I don't borrow money. It seems good to borrow money from a bank but you will worry afterwards on how you can pay them. I guess it's better to live with few debts, few loans to have more peace of mind.

I do not like owing money from the bank or any other person. If ever I borrow money from other people it is not I really do not have one at the moment. But I always make sure to pay them as early as possible. Because I know money is also important to them.

When I was in college, somebody told me that having debt is a curse. The person who told me that even had a passage from the Bible to support her claim. Because of that, I really made it a point not to borrow money unless I am sure that I would have the money to pay for it. For example, I never use my credit card unless I am sure that I have the money in the bank to pay for it. This adage has helped me through the years in managing my finances and I have to give my friend the credit for it. Because I had this mindset, I don't have debts.

If at all possible, we should live within our means. Sometimes, there are needs that cannot be met without loans, like a roof over the head. In such cases, I would resort to borrowing. Who from? From the lowest legitimate source, whether it is the government or the bank. I also dislike lending, as the worry of not getting your money back is always there. So nowadays, I try not to lend, because there isn't much for myself in the first place. You have that plenty to lend? Probably, otherwise, your friends won't be queueing to ask from you. LOL.

I hate the thought of owing money to someone or from the bank. I hardly managed my expenses not to exceed in my limitation. I put limitation in spending my money because it will just cause me troubles. But there are times that unexpected payments or expenses would come your way...so to answer the question what do i like to owe money from the bank or from other person. My answer is I'd choose to owe money from the bank and pay for it in due time. (bank personal won't spread that I owe money...lol).

I also do not want to be in debt. Once, I experienced not being able to allot money to pay my debt. That event caused me some sleepless nights so I vowed to make sure that I manage my finances really well. My motto is not to buy anything I cannot afford to pay in full. Although I have a credit card, I only use it when I do not have ready access to cash.