Money matters… Yes it does.
Posted May 9, 2007on:
If you are NOT easily offended about money-related issues, then feel free to read on.
Do you know of anybody who does not have any financial obligation? I don’t. Most people I know have some form of loan, be it personal or for business. Nothing wrong with it right? Otherwise, there’s no business for banks and lending institutions.
Well, if people only settle obligations in full as they fall due, then yes, everything’s okay. If it couldn’t be helped and one settles on installment or a special arrangement, to me, it is still okay. If finances are really tight and there’s difficulty making both ends meet, one could just be upfront about it. That is still understandable.
The problem lies when one simply RENEGES and REFUSES to pay. It destroys business partnerships, friendships and one’s financial credibility. The troubling part is, tongues start to wag. Pinag-uusapan na in inner circles and even out…Nakakahiya…
Pretend for a moment there’s a friend seeking your financial advice. What tip/s would you share?