you have money USED IT!!!!!!!!!!!!!!!!!! FACKING IDIOT!!!!!!!!!!!!!!!
respect my opinion, it has nothing to do with you ok????
Comment by mirai on Future Bank - Chapter 17
7 Replies
@mirai That money is a loan.
He couldn't scrape together 1 billion won. Imagine the pit you'll be in once you are 300 billion won in debt without any resources. And the guy he's taking the loan from has borderline supernatural powers and the MC for whatever reason hasn't asked what the terms of the loan are so it's in his best interest to not use a single won until he at least figures out how screwed he is.
He couldn't scrape together 1 billion won. Imagine the pit you'll be in once you are 300 billion won in debt without any resources. And the guy he's taking the loan from has borderline supernatural powers and the MC for whatever reason hasn't asked what the terms of the loan are so it's in his best interest to not use a single won until he at least figures out how screwed he is.
@Prinzinc even if that loan is 0% interest he still owes 1 billion currently, so it doesn't matter, if they ask for it back he's fuc*** either way 1 billion less one billion more why does it matter? AFAIR he had about 700 thousand on his bank account, so yeah...
@StrawberryQueen What does it matter? I mean... isn't that just the sort of thing people who pile on debt say?
It kinda matters a lot if we don't know the terms nor the consequences of no repayment. In our modern society, we know that if we can't pay back our debts, we won't go to prison but in other societies if you don't pay back your debts you might be thrown in jail until your family pays it back or you might be killed. Since the MC has no idea what the consquences are nor what the terms are, it's one of the most irresponsible things imaginable to simply spend money. In fact, at this point in the story, the MC hasn't even asked what the terms are nor the consquences of defaulting.
It kinda matters a lot if we don't know the terms nor the consequences of no repayment. In our modern society, we know that if we can't pay back our debts, we won't go to prison but in other societies if you don't pay back your debts you might be thrown in jail until your family pays it back or you might be killed. Since the MC has no idea what the consquences are nor what the terms are, it's one of the most irresponsible things imaginable to simply spend money. In fact, at this point in the story, the MC hasn't even asked what the terms are nor the consquences of defaulting.
@Prinzinc honestly finance was never created for middle class people it was always for capital development it just hard for people to realise that bot only that i the case if a middle class person fail to happens horrible things can happen to him and no one helps him on the other hand if a rich person makes a wrong financial decision there are ton of safegaurd features for him to save his private property understand your own country laws and then invest accordingly afterall your government encourage such practices while neglecting common citizen but it a brutail sacrifice to keep the economy growing
@sac_fid Love your backrooms profile pic.
Well, I don't know about all of that. Most rich people aren't rich because they are foolish with their money. The vast majority of people who become rich in their lifetime through windfalls will make bad financial decisions and drop out of the wealthy class almost as quickly as they joined it. Most poor people in 1st world countries are poor because they make bad financial decisions in life... like not investigating the terms of a loan as our MC has failed to do.
BTW, you can prove this easily enough since the majority of lower-income people who have credit cards don't understand properly how interest or compound interest works nor do they understand properly how much money they are wasting each month/year ordering doordash. If you lack basic knowledge of how these things work because your parents and school system didn't properly teach you AND you also can't be bothered to research it for yourself, then it's really your own fault that you never climb out of the lower income class.
Well, I don't know about all of that. Most rich people aren't rich because they are foolish with their money. The vast majority of people who become rich in their lifetime through windfalls will make bad financial decisions and drop out of the wealthy class almost as quickly as they joined it. Most poor people in 1st world countries are poor because they make bad financial decisions in life... like not investigating the terms of a loan as our MC has failed to do.
BTW, you can prove this easily enough since the majority of lower-income people who have credit cards don't understand properly how interest or compound interest works nor do they understand properly how much money they are wasting each month/year ordering doordash. If you lack basic knowledge of how these things work because your parents and school system didn't properly teach you AND you also can't be bothered to research it for yourself, then it's really your own fault that you never climb out of the lower income class.
@Prinzinc hey not to be rude why you so smart
@sac_fid I used to be average but the education system, social media and Ai has really lowered the average so now I sound smart.
BTW, the principal I implied above can be applied to almost anything. If people are really interested and self-motivated to learn something in any field, they are likely to be significantly above average at it. Inversely, anyone who is uneducated and disinterested in something are likely to be bad at it.
Therefore, it's universally important to be interested and educated in every field that you desire to excel in. If it's financial security that you desire, then the absolute basics are to understand your debts, obligations, liabilities and assets over time.
BTW, the principal I implied above can be applied to almost anything. If people are really interested and self-motivated to learn something in any field, they are likely to be significantly above average at it. Inversely, anyone who is uneducated and disinterested in something are likely to be bad at it.
Therefore, it's universally important to be interested and educated in every field that you desire to excel in. If it's financial security that you desire, then the absolute basics are to understand your debts, obligations, liabilities and assets over time.