1,500,000 advise (father loves debt)

[muiris]

Hoping support, since nanghihinayang talaga ako on any interest kasi honestly we don't need the money naman.

As of current if itutuloy niya yon I am planning to use the money para bumili kami ng sarili naming house and lot.

Or put in business muna (may bahay kami in our grandparents lot)

 

[onpower]

@muiris If it's loan (accruing interest), better palaguin para di lugi. If earned money, then go for the properties.

Wag mo na lang sya gayahin na parang ineequate yung loaned money sa earned money haha

 

[emeraldeyes]

@muiris Actually, if he is in UAE mas maganda ngang magutang siya to the fact na mas mababa interest compare sa Philippines na double to triple and interest and di ka makakaahon. Don't get me wrong, definitely hindi ako agree ako sa utang, but if he wants to loan 1.5M with reason to invest/ iiponin its a good call to loan bsta alam nyo may emergency fund ng available for your family. if wala naman kayo panggagamitan or emergency or any reason mas maganda is to wag na mag loan or kung matigas ulo ng papa mo better yet maliit na loan lang to keep him going just to satisfy his wishes.. pagmay edad na ksi sanay sila to work more than he needs kc nakaprogram na ung katawan niya kc mostly nanghihina sila if not working or walang gagawin.. mas nagkakasakit sila... and mas maganda ung loan sa UAE kc flexible siya pwede lumpsum, instalment, na tumatangal lng ng 4 gives or 2 to 5 years depende sa laki. Hope this helps.

 

[muiris]

@emeraldeyes 16% po yung offer sa kanya abroad

 

[christlivesinme29]

@muiris Since ikaw nagbabayad utang nyo. Tulungan mo na syang mabayaran utang nya. Tapos arranged mo na sayo na I bayad yun loan. Kahit paid off na wag mo sabihin. Hayaan mo nag babayad syo. Ipunin mo para kung need nyang umutang ulit sabihin mo ikaw uutang sa company mo in reality pera nya ibigay mo. Elaborate plan ba?