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Teachers admit that it takes only an absolute month to spend a loan while it takes 5 to 10 years to pay it off

Teachers admit that it takes only an absolute month to spend a loan while it takes 5 to 10 years to pay it off

How would you spend a loan if you are a teacher? Nowadays, our teachers survived many expenses by availing various loans. Many lending institutions are willing to offer different loans to our teachers. Teachers don’t wait for their monthly salaries to arrive before they eat right?

Now, teachers also admit that their loans are very easy to spend on various expenses but are very hard to pay off. In short, it is very easy to spend a loan nowadays. It takes days and months to spend a huge amount of loan but the hardest reality is it takes 5 years or even more to pay it off.

If only their salary is enough for them, then they won’t indulge in these types of loans anymore. But, what our teachers are doing is only to survive. This is the truest form of survival of the fittest. These teachers are not anymore thinking the duration of their loans. As long as they can bring home a little amount out of their availed loan.

This is the hardest part of being a teacher in a country where there is not much importance given to teachers. To spend a loan in a matter of days or months is very hard on the part of the teachers but they don’t have a choice. The only choice is to survive.

Money is volatile nowadays. You get to have money now, then spend it later and that’s it. It is gone like the wind and you wouldn’t even know that. Yet, money is everything nowadays even if you say money can’t buy happiness. Those lines were old enough because it is not applicable in our lives at present.

Teachers admit that is very easy to spend a loan in a blink of an eye yet it is very hard to pay it off. Teachers wanted so bad to separate from these loans, but then again it is the only choice they got. As long as they still have their payslip, they can always get a loan. – Avril | Helpline PH

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