Our people are vulnerable. If I have something to say, I have to speak openly face to face, so I pushed hard behind my back.

If you borrow money, you will have to pay for it yourself.

"I want to buy a computer on credit," he said. It needs a guarantor. Please come and insure me. ”My brother was hurt again.

How much is it and when do you have to pay it back? This friend did not like it when I tried to ask him if he could repay it.

"What? You do not believe me?"

So I went to great lengths to insure myself. I signed it.

When it came time to pay off the debt, Thakaung ran away because of the debt. The creditor has called his insured brother. According to the contract, if the beneficiary is unable to repay, the insurer will have to repay.

When I called my avoiding friend, he turned off the phone. So I decided that what I really needed to do was learn how to do it right.

Creditors are also people. If you chase after someone who is running away because you have no money, you know that it is not easy to get your money back. So, they would only resort to this as a last resort.

My brother-in-law insisted that he would not lose his friend. Now she is dying for her friend.

Maung Ba had to pay because he was afraid of being sued, but he did not have any savings. I had to borrow money from outside and pay it off. Once you have a stable job, you can get a loan from a legitimate lender with a low interest rate.

But you can not simply borrow. Five people who want to borrow money have to guarantee each other. If one of the five runs away without paying the debt, the other four will have to pay.

My brother-in-law, who was borrowing money to insure his friend, did not remember. I am not afraid of insurance yet. I signed it. Do you have to say that you are unlucky? I do not know if it can be said that destiny destroys the irrational. Three members of the group he insured ran away without paying their debts. The other one's had to pay for five meals, and the debt got worse.

Do not be like your brother. “Why is it difficult to get insurance? Just sign it. ” After a ticket, a lot of problems will follow.

Next, think about the worst case scenario before signing up for insurance. In the worst case scenario, do you have the money to pay for it? Do not insure if you are told that you do not have enough money. Do what you can to help. But don't go for less that your full potential.

Avoid securities lending. Do not be fooled into believing that you can get a loan if you do not even have one. Do not look for the short term. Think long-term.

Even if you have been thankful in the past, suppose he has helped you with a hundred thousand dollars. If you are being asked to insure a debt of 50 lakhs now, do not insure it. Do not be discouraged if your signature is not worth the 100,000 dollars he has done. This ticket is worth 50 lakhs. For someone who does not have money, it is an amount of money that can ruin your life.