Loans tie us down. They increase our burn rate. They make us risk-averse. They make us feel like we are stuck!
Imagine you have lot of toys, and a friend gives you more toys to play with. Cool, isn’t it? but here’s a catch. These extra toys come with some rules.
So, loans are like borrowing toys. They tie you down because now you have to take care of not just your toys but also the borrowed ones. It’s like having extra responsibilities.
Now, the “burn rate” is how fast you use up your toys or resources. When you have loans, it’s like using up your toys more quickly because you have to share them and take care of the borrowed ones. It’s like playing so much that your toys wear out faster.
Loans also make you a bit scared to take risks. You might worry about losing your toys or not being able to play freely because you have to follow the rules of the borrowed toys. It makes you a bit cautious.
Finally, loans may create a sense of being stuck. Picture this: you’ve borrowed some toys, but giving them back isn’t as simple. You might feel a bit trapped, like you have to keep playing with these toys even if the fun isn’t quite there anymore.
So, in simple terms, loans can be a bit like having extra toys with strings attached – it’s not as carefree as playing with your own toys!
