Something I have blogged about from time to time is how people who plan to get married and have children should be financially prepared first. Have a strong financial foundation and we would have less money problems in future.
I can understand why those who have children on the way must get married in a hurry. Oops. Otherwise, why should anyone be in a hurry to get married and have children? Hmmm.
I have blogged about how some people borrow money in order to have a wedding or to renovate their matrimonial homes. I have also blogged about how people ran out of money and had to borrow money from friends to pay the monthly installments on their matrimonial homes.
"I was told of a person in his early 30s who is married and has two children. He is regularly borrowing money from his family and friends. In fact, he would borrow from friends to ......