Can the money we get on credit bring happiness? – Cash Loan
Money can open up a lot of possibilities for a person – to buy many different things, for example, the latest design shoes, the most powerful car, the most beautiful apartment, as well as money for various services that not only facilitate but also improve everyday life. Nowadays, there are so many goods that it wants to buy, but not enough money. Loans, or cash loans , are provided for such cases and are subsequently repaid to the lender. Of course, credit means that you do not have to save money for a long time, and follow the austerity regime – if the lender does not see any risk, then soon the borrower can already go to the store and buy the desired product. However, the question arises whether money raised in this way can give a sense of happiness?
Credit means that the borrower enters into a credit relationship
With a lender who lends money to a person for a specific period of time. At the end of this period, the borrower must repay the entire amount. In addition, for almost all loans, except for a few quick loans that offer new customers a first loan free of charge, the borrower not only has to repay the loan amount itself, but also interest, which can be quite high in the case of smaller and repayable loans. In addition, it is not always possible to predict everything in life, so the borrower may not have the required amount of money when the repayment deadline is approaching. Therefore, a cash loan extension is required, which also means additional expenses. Failure to do so shall result in the imposition of a penalty interest. All in all, credit causes more headaches and expenses. In addition, those borrowers who have entered into long-term credit agreements have made commitments that will resemble themselves for months and even years. Of course, it is a pleasure to buy a product or service, but will a new PC, which has to be paid for two more years, really be able to give that feeling of happiness all the way back? Unfortunately, one gets used to things very quickly, so after two months the new computer will no longer be new, maybe even have a defect. But credit will remain.
Most of the money you get on credit does not give you a sense of happiness
Buying small purchases and services, and then paying for them for several months, and perhaps even on unfavorable terms, will quickly dissipate the joy of your purchase. However, a cash loan can bring you a sense of happiness when it is not possible to collect all the money you need on your own for several years (you have to bear in mind, however, that everyday expenses are unavoidable). For example, a mortgage on which a house is being built. In order to build a living space from the ground up, you need a lot of money that is spent not only on materials, but also on labor and much more. In such cases, the credit can bring you a sense of happiness, as it certainly shortens the time it would take for a borrower to even want to save money. In addition, building and furnishing a home is not done in one day – it will only be a while before the borrower starts making regular payments. In this case, the feeling of happiness will be much longer lasting than the purchase of the latest smartphone, which will be counted obsolete after a month. A home is an investment that has long-term value that provides a sense of security. This feeling is one of the basic needs of a person, the existence of which also ensures a feeling of happiness.
The money you get on a loan can give you a sense of happiness, you just have to evaluate the purpose for which the loan is being used – you just have to evaluate your life values and priorities.