Nowadays, more and more people use credit institutions. What’s more, we can say that we live on a loan . However, why is this happening? What makes more and more people choose even a loan instead of saving. We take loans not only to satisfy your whims. A loan is often the only reasonable solution to be able to buy, for example, a Real Property.
We live on credit even when we have a permanent job and regular income on account in the form of pay for a trowel. Permanent work, full-time, is unfortunately not a determinant of well-being. The fact that we work full-time, on an appointment for an indefinite period does not mean that we will be able to buy everything we need immediately. Unfortunately, full-time work ensures that we can even buy a flat. Permanent work can only guarantee that the bank will grant us a flat loan.
Flat on credit
Most of us do not have enough cash on hand to buy a flat. In adult life, however, a moment comes that we need it. Putting up a flat with even an average salary can even be said to be pointless. Before we collect the necessary resources, it turns out that it is no longer for us, but rather is a safeguard for our children. Sad but unfortunately very often true. Here the loan institution comes to our aid. In many cases only thanks to credit and decision on the so-called Living on credit, we can afford to buy a flat, which we can enjoy and use for a long time.
Living on credit – a conscious choice
In the above example, we wanted to show not only how difficult it is to become independent and fully enter adulthood only by counting on its abilities. It also aims to show that life on credit is not only a result of whims and fulfillment of trivial dreams at any price. In many cases, choosing a lifestyle for a loan is a conscious decision. We know all the pros and cons of living on credit. We are ready for an obligation that a loan brings with it. Simply, we often have no other option or at least it is the most advantageous solution in many respects. In this situation, only financial matters are not important, and even the real estate purchase on credit, as compared to the unrealistic savings in this case with average earnings.