After months or maybe years of being in debt, finally comes the time when you can pay off all your debts. Of course, this is an exciting thing and many new things you can do after your debt is paid off. Here are five things that will come to your life after you are free of debt:

Save More Money

Save More Money

When you have debt, your focus is on how to pay off the debt. Every income you receive is used to meet your primary needs and to pay off debt. You don’t have the opportunity to save money. However, when you have no debt, you can set aside some of the income you have to save. Not in debt at all makes you more free to manage income. Saving more money is one of the opportunities you can do after you have finished paying all bills. By having more savings, you can use it in an emergency or even fulfill your desires that have not been achieved because you are busy paying off debts in the past.

Can Submit a Pawn or Installment

Can Submit a Pawn or Installment

Not having a debt makes you free to apply for a mortgage or installment of the car. After saat terbebas dari utang Anda dapat lebih mudah mengajukan cicilan baru.jpg all previous debts are paid off You can apply for credit again but still remember to adjust to income. Calculate carefully the income you have and adjust it to the credit that will be submitted. Do not get stuck in the burden of debt that is burdensome twice. You must be sure that your finances are stable until the repayments are paid off. Do not let any expenses that are not in your plan and enough that ultimately disrupt the stability of your money to hinder payment of installments. With the planning and mind that is mature, you don’t need to worry about applying for a car installment to a house.

 

Historical IDI Becomes Good

 

Historical IDI Becomes Good

 

Being free of credit card debt means you will get a historical IDI to be good . The bank will report that you have paid off all your credit card bills to Bank Indonesia and this will make it easier for you to apply for credit again in the future. Keep in mind to remain wise and adjust the desire to apply for credit with the income you have. You have to maintain a good historical IDI by being more careful in your debts because you have a good historical IDI if you have a lot of credit. Current credit makes it easier for you to apply for loans such as credit for housing or loans as business capital.

Fulfilling Your Desires

 

If you were not free to watch your favorite movies at the cinema or even gather with friends because of debt, now no longer. You can do the activities that you do calmly. You can allocate income as best you can to fulfill your desires while keeping it from being too wasteful. The income that was used to pay off debts can be used to save and also pamper yourself by doing what you like. In addition, you can reach dreams that you might not have been able to fulfill due to debt such as continuing school, traveling abroad, or doing medical treatment.

 

Feel Free and Relieved

 

Feel Free and Relieved

 

When you have a problem with paying credit bills, the process of overcoming the problem takes up a lot of time, mind and energy. Therefore, you will feel free and relieved in the absence of credit that you have to pay again. In addition, there is no more anxiety and fear by the pursuit of debt collectors because there is no obligation that you must pay back to the bank. You will also feel more relaxed in working with no burden of thoughts and debts. The amount of debt you have is equivalent to a person’s stress level so that in the absence of debt you will be happier in living your life.

Free from debt bondage does not mean you can live wastefully. Keep your income stable and keep a portion of your money. This will prevent you from getting into debt. Life-saving should always be applied so that you don’t recur in debt that will burden you yourself. There is no harm in applying for credit again but you must remain cautious and adjust to income.