Cashflow problems are good!

Why? Its called being greedy!  I always see more investments to buy than I can actually afford.  So when I see a really good investment I simply try to raise the finance.  Back in my early days of self-employment when I was buying and selling items such as electrical goods and cars I would always see more stuff to buy than I could actually afford.  Would I let these bargains go? Hell No.  I would just raise the cash from friends, girlfriends, family and basically anyone that would lend to me!

If I saw something I could buy for £750 and I knew I could sell it for £1500 then I would borrow the £750 at any rate below 100% because then I knew there was a profit margin locked in.

So what reminded me of these early days? Well I stumbled across this site when I was surfing the net trying to raise some cash.  It was called paydayUK and they can lend you £750 on the day and you then have to pay them back £937 in 30 days time. Now I wish this service was about back then because I reckon I would be a lot richer than I am today.

Ajay.

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Posted on: 26th Feb 2008






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