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Live and love life
SO WHERE DID ALL THE MONEY GO?
When a young graduate finally lands a job, it is such a big deal, even extended family members call to congratulate them.
Many of these men will go on to retire to a life they didn’t really want. Why?
It emanates from a series of blunders:
The Borrowed wedding:
A wedding is such a big deal in our society. The only problem is that most at times, the young man who is yet to himself financially will have to bear all the costs alone. Some can’t afford all the expenses and may be tempted to borrow some money to top up.
The wedding is done, people come and eat and drink and leave them to service their debt. The wedding gifts normally won’t bail you out.
2. The Borrowed House
After marriage, the young man often realizes his “chamber and hall” apartment is not big enough for his bride, he needs to get a bigger space, once again he borrows some money (say from a credit union)to pay at least two years to rent advance, compounding his debt.
3. The Borrowed Car
Then comes the pregnancy and kids, the young man realizes that a car is an absolute necessity to make life easier for the family. So when he is approached by those beautiful bank ladies for a cool loan deal, he...
When a young graduate finally lands a job, it is such a big deal, even extended family members call to congratulate them.
Many of these men will go on to retire to a life they didn’t really want. Why?
It emanates from a series of blunders:
The Borrowed wedding:
A wedding is such a big deal in our society. The only problem is that most at times, the young man who is yet to himself financially will have to bear all the costs alone. Some can’t afford all the expenses and may be tempted to borrow some money to top up.
The wedding is done, people come and eat and drink and leave them to service their debt. The wedding gifts normally won’t bail you out.
2. The Borrowed House
After marriage, the young man often realizes his “chamber and hall” apartment is not big enough for his bride, he needs to get a bigger space, once again he borrows some money (say from a credit union)to pay at least two years to rent advance, compounding his debt.
3. The Borrowed Car
Then comes the pregnancy and kids, the young man realizes that a car is an absolute necessity to make life easier for the family. So when he is approached by those beautiful bank ladies for a cool loan deal, he...
