Is Your Year 2018 Debt Free ? - Family - Nairaland
Nairaland Forum / Nairaland / General / Family / Is Your Year 2018 Debt Free ? (698 Views)
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| Is Your Year 2018 Debt Free ? by helinues: 10:26am On Dec 30, 2018 |
In 38 hours or so, we will enter year 2019. Is your year 2018 debt free. If not, what measures are you taking to curb this without escalating in the new year? Promises is also a debt. Zero balance is better than Debt new year. 1 Like |
| Re: Is Your Year 2018 Debt Free ? by MANGAM(m): 10:31am On Dec 30, 2018 |
helinues: Can we really live a debt free life? 1 Like 1 Share |
| Re: Is Your Year 2018 Debt Free ? by helinues: 10:32am On Dec 30, 2018 |
MANGAM: Yes. If you can only cut your cloth according to your size. 2 Likes |
| Re: Is Your Year 2018 Debt Free ? by Imortal001: 10:35am On Dec 30, 2018 |
ThankGod am dept free! |
| Re: Is Your Year 2018 Debt Free ? by Aplaudez(m): 10:37am On Dec 30, 2018 |
That was my resolution in 2018 !
and I thank the almighty that he kept his promise with me!
debt free!
am so grateful!!! |
| Re: Is Your Year 2018 Debt Free ? by xoxocandy(f): 11:54am On Dec 30, 2018 |
I have zero balance but I'm debt free 1 Like |
| Re: Is Your Year 2018 Debt Free ? by Ranchhoddas: 12:14pm On Dec 30, 2018 |
Yes it is. Na people even dey owe me money self. |
| Re: Is Your Year 2018 Debt Free ? by drmikeadams(m): 12:58pm On Dec 30, 2018 |
 me dey owe....I wan pay but the[money no dey....quote author=xoxocandy post=74292196]I have zero balance but I'm debt free[/quote] |
| Re: Is Your Year 2018 Debt Free ? by SoftBread01: 3:07pm On Dec 30, 2018 |
Hmm! |
| Re: Is Your Year 2018 Debt Free ? by Acidosis(m): 3:23pm On Dec 30, 2018 |
There are good and bad debts. Good debts are good, bad debts are bad. Good debt is when you borrow e.g. #1m at 2% interest rate and invest same on treasury bills at #14% interest rate. You make more money for yourself by being a debtor.  Bad debt is when you borrow e.g. #1m, and spend around #600k on rent, the remainder (#400k) on wedding, birthday, etc. |
| Re: Is Your Year 2018 Debt Free ? by Nobody: 3:43pm On Dec 30, 2018 |
Yes |
| Re: Is Your Year 2018 Debt Free ? by fekani: 9:26pm On Dec 30, 2018 |
1 |
| Re: Is Your Year 2018 Debt Free ? by mylove4God(f): 5:55am On Dec 31, 2018 |
Yes, I am so glad I was able. Really broke this period and was tempted so much to borrow but whenever I remind myself that I want to enter 2019 debt free, I lock up. |
| Re: Is Your Year 2018 Debt Free ? by Acidosis(m): 9:50am On Dec 31, 2018 |
mylove4God: But Dangote and Federal Govt are not debt-free. In fact, no state in Nigeria is debt-free. Why are you guys scared of borrowing? The rich borrows. |
| Re: Is Your Year 2018 Debt Free ? by helinues: 9:55am On Dec 31, 2018 |
Acidosis: No need of borrowing when you are contended with the little you have. |
| Re: Is Your Year 2018 Debt Free ? by mylove4God(f): 12:31pm On Dec 31, 2018 |
Acidosis: Yes but they borrow for business or investment, when I want to borrow for those reasons then I will value the borrowing |
| Re: Is Your Year 2018 Debt Free ? by Nobody: 11:26pm On Dec 31, 2018 |
I have never really been in debt Reason? I live within my means |
| Re: Is Your Year 2018 Debt Free ? by dayleke: 8:38am On May 26, 2022 |
3 Likes |
(1) (Reply)
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