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Borrowed money

May 8th, 2006 at 08:06 pm

I borrowed money from my mum for bus fare for one day to uni and to visit my friend on Thursday. I'm paying her back on Friday so I don't feel too bad. I hate borrowing money though.

I watched a programme tonight about people who had taken out secured loans. They were all seriously in debt, one woman had to declare herself bankrupt. That made me decide that I have to try and pay the washing machine and pc a.s.a.p. I know there's no comparison really but it's still owing money.

Posted in Uncategorized | 3 Comments »

3 Responses to “Borrowed money”

  1. veronak Says:
    May 8th, 2006 at 08:53 pm 1147118031
    1147118031

    Please what ever you do, do not take out a loan...I did years ago and it was a big mistake, the interest was so high. I finally paid it off after ruining my credit

  2. scottish girl Says:
    May 8th, 2006 at 09:40 pm 1147120852
    1147120852

    I'm not going to take out a loan. I was never considering it. If I had been that programme I watched tonight would have put me off. I am still paying off a washing machine that I bought years ago, I'm hoping to get it paid off this year, thanks to motivation through this site.

  3. Thrifty Ray Says:
    May 9th, 2006 at 01:32 am 1147134732
    1147134732

    You seem very cautious and aware of your finances. While it is good to keep doing so,oftern those horror stories are about those folks who pay no mind and just keep spending beyond their means.

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