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You will forget about loan you obtained from your relatives.
You will forget about erosion of your savings and jewels.
All these will come to your remembrance only when company commences their recovery for loan you obtained.
All these will come to your remembrance only when your relatives need money they paid.
All these will come to your remembrance when you don't have enough money in your savings account for your urgent
requirement.
Then your mind will think about the resource to fill up deficit in family budget,the loan to repay to your relatives
and for your urgent requirement.
You will get easy resource to fill up this deficity,because you are working in a company,getting regular salary,higher salary.Companies are ready to give credit.
You are also ready to get credit from another company to fill up deficit.
So you are ready to close small debt pit,and begin to dig another debt pit,which is little more in size than first pit.
The same deficit pressure mounts after some time.Again you are prepared to obtain loan from another company.
Now you dig another debt pit, which is more than size of first and second debt pit.
Like this you will go on digging pit after closing earlier pit to overcome your deficit.
Finally at one stage when you see remaining pit,it will look like a deep pit, which you cannot fill it up from any source.
So ultimate choice before you will be to dispose off house and fill up huge pit finally stands before you.
You have also made arrangements to dispose off house.
One person came forward to buy house.Even though rate offered by him is not as expected by you,you have no
other option except to get money and fill it up debt pit.
The house was finally sold off and you got money.But while working out amount you have to settle to your
debtors,you need some more money.
However with proceeds realized out of selling house,you have settled most of debt and still keep some portion
of debt.
So what happened to your dream of having house.You have lost all your savings,jewels,and other resources and still you
have to settle more debts?
Where all of your money has gone?
It is no secret,most part of your debt were for interest.
The interest made you to close one pit and dig another pit and finally you was let with a big pit with most part of pit
were for interest.
This is a common plight of most of families especially in middle class peoples.
The reason is due to their mental capability to enjoy all modern amenities without knowing their economic capability.
Enjoying life is absolutely necessary but it should be from our own resources.We can enjoy life but not on
obtaining debt.
We have to increase our resources to enjoy life.We should find out opportunities to increase our resources and
then think about enjoying amenities.
krishnan.c author
Author's bio: Krishnan.c,is writting articles mostly on motivational topics blended with his professional and personal experiences.
Recently he has released his ebook "You can succeed".
Author's website: http://www.tncity.biz