You will find a complete large amount of dishes for economic tragedy, but right right here’s one that is simple, simple and typical:
Begin by making an interest-free loan to a pal, which means your cash is tangled up, and you also make nothing onto it.
Next, decide which you can’t wait a couple weeks for payment, so you head out and borrow a quantity corresponding to your initial loan. As you go along, spend big charges and interest fees — because you’re the only person fool adequate to help make an interest-free loan — so that you ramp up with perhaps 80 cents of one’s buck straight back.
There’s a name when it comes to economic mess you’re cooking here: It’s called a “refund expectation loan, ” plus it’s a Stupid Investment regarding the Week. (Pokračování textu…)