Tuesday, January 27, 2009

Neither a lender nor a borrower be.

Polonius warns Laertes with this advice as he is venturing out into the real world. We could all use this advice. Maybe we wouldn't have a need for any bailouts if people wouldn't get loans they couldn't afford. There are some cases where we need a loan, but be quick about paying it off, or be constant in our payments. So many people get into trouble from buying things they want, and don't think about their debts. They just run up their credit card. Polonius is so correct in this aspect; do not get into debt. It's a cloud that hangs over you for the rest of your days.

3 comments:

  1. nice job! I liked what you had to say

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  2. Its one thing to loan but borrowing is another. There are some cases where we will lend somthing to someone else and not get it back. Be sure you trust who you are lending too. Do you trust them? Will you get it back? When borrowing make sure to pay of your debt or give whatever you have borrowed back.

    -V.R.M

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