I had this thought about what debtors may be thinking when they owe sometime ago but was remembered again when I notice another doing the exact same thing... Owing money unnecessarily. For me, I think owing money isn't an unavoidable situation, it is almost like a habit cultivated and once accepted will be hard to get rid of.
I've met a lot of people who find joy in spending other people's money instead of theirs, although they won't say it that way when they want to ask for some lending. They always have excuses to why they need your money, never an excuse to make their own money and avoid debts.
And sadly, some institutions are established to allow these set of persons to borrow even bigger amounts of money which some of them later find hard to pay back because of that same reason they had went to borrow the money... Laziness or procrastination or greed for easy life.
Of course, there are situations that can't be helped so borrowers have to be borrowers to get out of some mess that are solvable with money. But this post is directed to those debtors who tend to borrow at impulse, anytime and without thinking much on how to get the money on their own first.
A Debtor's Tale
There was this lady who comes to visit a friend of mine a lot in our hostel here at school. Somehow she only comes when my friend has some money sent to her by her parents. This lady would come, give a long tale of how broke she is and how fast her little money got finished... She once asked if money had wings because she argued that she didn't spent some money but couldn't find the money.
My good friend would give her some from hers and sometimes, she rubs me into it and get some money from me as well so she could help her friend in hopes that we will get the money from her when her parents sends her money too. The first times she did it, we didn't care about the many weeks we had to ask when she would pay back since we took her as a friend.
But the habit got scary when she said something about my friend and I having enough money so no need to pay back what she owe. Was she for real? We decided not to lend her any money again. She tagged us as being stingy and wicked to her. In the world of habitual debtors, is there a thing called stingy? Yes, it's their general word when they don't get the money they want from their prospects.
A Debtor's thoughts
How do I spend the money? (Money they're about to lend from someone).
How do I not pay back? (avoiding their responsibility).
Do money have wings? (When they spent borrowed money on unnecessary things).
I can't keep owing people money, I need to pay up (they borrow money to pay their debts).
I should spend this money wisely since I'll be paying back.
I'll just borrow another when I spend it all.
The sad thing is that, debtors will still be in our countries because there are just those people who can't turn a blind eye from those who ask them for help. Debtors hardly take good advices about money because they tend to look at money from the lazy point of view and not them working for it. These people are almost never investors because they just try to survive daily with the money they borrow.
What do you think about debtors and those who lend to them? There won't be debtors if there are no lenders right?
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