It is no secret if some people take advantage of bank loan services for the cost of marriage. This is the first step to build families and households with partners. Though calculated carefully, the exertion of planning calculations always exists, reflecting the prevalence of unexpected events that often require some couples to owe their family. In fact, you can easily get a loan by visiting money lenders from Singapore website.
Who does not want marriage? Everyone must have a dream to make a family with their loved ones, have children, and raise them. But to officially realize these ideals, you must surely pass the marriage stage as the stage of endorsement of two human beings into a husband and wife. At this stage, it is often the most festive stage but also quite draining the mind, especially during the ceremony of the wedding ceremony and the wedding itself. In addition to the time and energy that must be drained away to plan and implement the plan, you also have to give up the funds that have been collected early in the work to realize the dream wedding with your partner. Though you know very well that the real life just started when your role and the couple as king and queen a day in the wedding ended.
Owning their own homes, having children, sending their children to school, educating children every day, focusing on work, and reaching out for promotions to earn income used for family needs. Everything happens after the party ends. That is, this wedding party is not the main focus of the dream that you and your partner wake up. So (actually) do not need to waste too much money to realize the wedding party.
To help you in minimizing the cost of a wedding is not small or even expensive, this way can be done to cut your wedding expenses:
- Garden Party
Ordinary impression to hold an indoor wedding in a building where the rent is enough to dry your pouch? Then use another alternative such as a yard or park that adequately accommodates your invited guests, it could be yours, your family, or your colleagues. The selection of places adjusted for the number of invited guests will provide significant savings compared to renting outbuildings. In addition to not having to pay the building money, the execution in the outdoor is not often done and this will give a unique impression so that guests will not soon forget the happy moments you and your partner share.
Think creatively to find other savings coming from unexpected little moments. For example, you are usually more interested in parties that use the services of servants to serve you and every invitee. This time think differently that every invited guest has the potential to serve himself. Without intending to patronize every invited guest in attendance, this self-service mode party will just paste the relationship between invited guests.
When we decide to apply for a loan or loan to Licensed Money Lender, you need to check licensed money lenders Singapore review first, it should have been carefully considered, including the payment of the debt in the future. This will certainly involve our overall finances because debt will be a temporary expense item in our financial budget. However, what happens if it turns out in the middle of the road we can not afford to pay and repay the debt?
There are many factors that cause a person to default in debt repayment, most of which are even unexpected or pre-determined plans before applying for the debt. This can happen as a result of a job interruption and also an impact on income, where the person will certainly experience a default against a number of bills owned. When we can not pay the debt, then often we will become stressed, angry, tired and even lost morale. Certainly, some of these conditions will make us unable to find a solution to the problem we are facing.
Overall, a not paying your credit can lead to a number of serious financial problems, including:
– There are a number of fine fees imposed by the bank.
– The emergence of an interest due to delays.
– Our credit score becomes bad because of the record of debt arrears on Debtor Information System.
– There is a recurring billing from the bank, where it will disrupt all our activities, and this will also add to the cost of the bill.
– Debt increasingly mounting due to the addition of a number of fees above.
All the above points will be very time consuming and also our attention. We can no longer concentrate on doing routine work, and even emotions become unstable due to feelings of anxiety and discomfort. Do not underestimate the problem of unpaid debt, It will disrupt our life as a whole.
Debt must be dizzy, especially if the amount has exceeded your financial ability. If this situation occurs, consequently to pay off the debt will be very heavy, though by way of installments. If you borrow to other individuals or money lender Singapore for low income, you may be able to negotiate to add the loan period. So what if the piling debt comes from loans in the bank?
In other words, bad debts are a condition when the borrower or debtor is unable to repay the debt because the funds are not sufficient. On the other hand, the interest on the bank loan will continue to run and the numbers are creeping up. This makes the debtor’s total loan larger and more difficult to repay. Usually, such conditions occur because, at the beginning of borrowing, the debtor to impose the amount. The overwhelming loan turns out to be incapable of repayment until the debtor shrugs off his obligation to make the repayments properly and regularly since the money he has to be used to meet other needs.
Bad credit can be a terror for debtors. Of course, because the bank will continue to collect it during the unpaid installments, which also will increase in number due to the accumulation of interest. However, it does not mean to borrow money in the bank into something scary. The loan can also be fun because from there you can get funds to buy the desired goods by installments. In order to become a good debtor and not stuck bad credit, there are several principles to borrow that must be held. Here we describe the principles that you should take if you want to become debtors free of bad credit.
The thing to remember when trying to apply for credit to anyone, especially to a bank, is that the loan is still in good ratio to earnings. Thus, the credit will not exceed the financial ability. That means there must be a budget allocation of total income for other needs during the period of debt repayment. Be aware of the many needs that must be met, beyond the obligation to pay the debt and interest, you should not put a too high ceiling or beyond the limit of ability to pay. Make sure the monthly repayments are not more than 30 percent of total income. Thus, you can pay the debt as well as not miserable life because the basic needs can still be met.