Why You Should Pay Off Debts in Small Change: An Unexpected Reason

02.09.2023 03:30

Anyone can find themselves in a situation where they have to ask a friend to lend them money.

There is nothing wrong with that. The main thing is to be able to return the borrowed amount on time.

In addition, it is advisable to follow certain rules for debt repayment.

According to the signs, you need to give money in the form of coins or small bills. And it is advisable to do so even if the amount is significant.

Why follow this rule

According to beliefs, repaying a debt with coins or banknotes of small denomination increases the chances that a person will not face financial difficulties in the future.

coins
Photo: © Belnovosti

Most likely, it will be possible to maintain stability in the monetary sphere. In addition, there will be chances to attract wealth.

But if the debtor gives away large denomination bills, this symbolizes the loss of control over a significant cash flow.

Such an action is considered risky, since it is possible to close the financial channel, which with a high degree of probability will lead to a quick return of the debtor status.

By the way, according to signs, it is also advisable to lend money in small bills or coins.

Kurchev Anton Author: Kurchev Anton Deputy Editor-in-Chief