Applying for a Personal Loan
Before applying for a personal loan, ask yourself first:
- What are you borrowing the money for?
- What is your current financial situation?
- Are you in any capacity of paying the loan back?
Make sure you are never borrowing money for a personal loan based on an emotional decision.
Only after you look at your needs, financial situation and repayment plan should you consider moving forward with securing a loan.
12
77 reads
CURATED FROM
IDEAS CURATED BY
"Making money is art and working is art and good business is the best art." ~ Andy Warhol
The idea is part of this collection:
Learn more about moneyandinvestments with this collection
The differences between Web 2.0 and Web 3.0
The future of the internet
Understanding the potential of Web 3.0
Related collections
Similar ideas to Applying for a Personal Loan
Wait for a counteroffer before quitting
Don’t quit your job before allowing your current employer to make a counteroffer. If you're a valuable employee, smart companies will attempt to convince you to stay, especially in industries where there's talent scarcity or specialized roles.
But most counteroffe...
Define your values
Consider what you are saving for. If you're not sure what you really want in the long term, you can try a thought experiment:
- Research suggests contemplating death can change your financial priorities. What would the future 'you' tell the current 'you' about what was...
Metrics for assessing a job offer
Think about what is important in your professional and private life, then assess the offer against these metrics.
- Salary. Even when the money is enough, you need to figure out if it's worthy of your knowledge and skills and in line with the local market.
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates