SURVIVING ON BORROWED MONEY

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I just witnessed a brutal knife swinging confrontation between two female individuals with no holds barred but their relatives and adult children stopping them from strangling and stabbing each other. Conflicts like these seem to be a norm these days where I’m from and it results from the ugly truth: Money the Root of all evil. Struggle of life itself and the problems it comes with has caused people to develop the urgent and immediate need for money making it the absolute object of their attention.

This fact brings me to my topic of borrowed money, credit or loans if I may include that.The need for money is so intense that how and why its obtained is no longer relevant as long as there is a need for it, full stop.Survival here in urban areas is tough and I do not have to stress that point as it’s an understanding in all human minds. Whether you’re a successful or unsuccessful employee or business individual the shiny qualities of money appeals to us in the same way. To acquire it and possess it regard less of the reasons and motives involved becomes our sole purpose, good or evil.

Living on borrowed money is the common statement but I like saying surviving as it has a spicier tune to it, makes the situation more realistic. People don’t seem to have the concern to save their hard earned cash or maybe the thought never crosses their minds. Whether it’s saving or investing or making it work for you, we have none of that, it’s irrelevant. Today it’s all about the time and the situation, now that’s priority, I disagree. Surviving on borrowed money is just exactly what it says, you borrow money for you daily living expenses and it’s not just food but other expenses you are committed to in your society. Even though there is a fortnight salary income that comes in, all this money is used to pay back the money you were lent and so the trend continues.

I’m suddenly having the impression that working a job here is for show and doesn’t portray anything in your lifestyle as far as your status in the community is concerned. You could have no job here and still be important or have a top paying public service position and have nothing to show for. With that been said, it shows that the trend hits anyone with a job, anyone. You fall into this trap when you start a job and before you know it, your hooked and getting out just seems difficult but not impossible.

Probably the sad part about it is the paying back of the money and the consequences if you don’t, that’s what makes the lending industry here so successful. We have the local private individuals lenders who can lend you almost about any amount under $500 dollars, and the established financial lenders whom you can probably loan any amount as long as your salary can afford it. Unlike the banks, these financial lending companies have made it so easy for desperate customers to loan money over and over again causing them to fall into the trap and unable to get out. And if they cant get it from them, than they still have the local individuals lenders and so the trend continues.

If you do borrow from both lenders than you’re in for a long long “surviving on borrowed money” system and problems that come with it. That is the reason why I had to intervene on this vicious argument this morning as the customer borrowed the money and never payed it back and disappeared,  the lender has been on the search until she finds her near my home and the knife stabbing fighting starts, and to make things worse this whole transaction happened two years ago! ridiculous right? Nope not here, that’s a norm to make you understand how severe this “surviving on borrowed money” is.

CHEERS

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  1. Pingback: 500 times I can’t afford this lifestyle. | The Grace Period Blog

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