Ok. I think, the time has come for me to encounter a problem with lending. Only the first month, this person is hinting that he's not gonna pay the money he borrowed. It might have been my fault for lending him money. And I think I know where I made a mistake.
He was a friend of a friend and a desperate one at that. I should have not lend money to people who are desperate. Only to people who will have a rock solid reason for borrowing. Like expanding a business, or expense to go abroad. If only I could have seen the sign. The good news is, I lowered the money he's allowed to borrow from P10,000 to P5,000 because I was unsure of him at first. And the bad news is, I have to do the dirty job of collecting his dues.
Just a note to my future self. Businessmen, good. Desperate guy, bad.
Subscribe to:
Post Comments (Atom)
-
I got a dividend payment today. Gross Amount (Php) : 89,474.00 Less Withholding Tax (Php) : 8,947.40 Net Amount (Php) :...
-
image by PSECharts.com Nothing much is happening in the Philippine Stock Market . With all the political turmoil and news, you're ... -
Truth be told, in movies (especially in the Philippines) its the poor class (masa) that gets the spot light. In politics, they are the heroe...
No comments:
Post a Comment