Some social media users have shared their thoughts on people taking loans to sponsor their weddings.
This came after a social media user on Facebook asked;
“Please is it advisable to take a loan to marry?”
Some reactions from social media users are;
Maame Ama Jean – No pls bc whatever that is going in there isn’t coming out, take no such risk dear . Even if u will be rest assured your income will help you clear ur debt fast .
Ro Ger – It didn’t work for others doesn’t mean it will not be good for you… Just do your calculations well
Sarposh Richard – I wouldn’t even take a loan to start a business let alone to take a loan to get married apuu.
Philomina Akua Addae – You are from my hometown
Assin Assempanaye and you are asking this question
Abeg don’t try it
Asi Love – Please no. Its not advisable. Save gradually till you get the amount u need.
Nana Atiemo Ofori Addo – Do u have anyone who will sponsor the marriage? Charley it’s better that way wai. Just go for what u can pay easily
Ekow Black – It depends on your cashflow and ability to pay . In some instances its advisable and cheaper especially if the repayment is reasonable and shorter. For example if all your life savings is about 30,000gh and use that to marry, it will take you a longer time to build it again but if you take a loan with about 700gh monthly repayment, you can take the loan and invest your life savings into a business or asset that will be beneficial to the marriage. So it depends on your affordability, vision and strategies. If you can do a modest ceremony that wouldn’t drain alot of your resources too then go for it .