Big loans cuz im stupid:/
Hey Guys,
I am 27 years old. I am financially conscious, by the time for my 30's I would have had enough money to live in my own apartment, which is considered quite good in my country. The devil, or rather my mind, came along and thought it would be a good idea to play a round of blackjack. It turned out so well that not only did I use all my savings, but I also took out a loan for it.
I will repay it by 2029, but there will be no savings until then because I want to make an early repayment so that my interest rate will be as low as possible at the end (currently 13.79%).
I never thought I would be able to do something like that. How do you deal with it when you feel like the world is collapsing around you? How do you process the fact that you took out a loan that big, and you need to pay for that so many years... I know it is a difficult road and I will go all the way, but I just don't see the way out of this right now.