Is it wise to take up a personal loan in order to start saving?
Thursday, April 16th, 2009brytfuture45 asked:
I’m currently thinking of opening a Euro account for savings. Saving from my paycheck every month hasn’t been an easy option as it is easily spent on something else. I was thinking if I took up a personal loan to start up a savings account (for future use) I would be obliged to really deduct this from my paycheck.. since I would be paying up the loan monthly. Any thoughts, anyone?
Kathy
I’m currently thinking of opening a Euro account for savings. Saving from my paycheck every month hasn’t been an easy option as it is easily spent on something else. I was thinking if I took up a personal loan to start up a savings account (for future use) I would be obliged to really deduct this from my paycheck.. since I would be paying up the loan monthly. Any thoughts, anyone?
Kathy
