How to Borrow Money from Yourself
ฝัง
- เผยแพร่เมื่อ 5 ก.พ. 2025
- How to Borrow Money from Yourself
Hesitant to borrow money from yourself, friend? Don't worry, in this video I'll show you how to borrow from yourself without feeling guilty.
If you'd like to get access to more in-depth education on entrepreneurship, head over to our platform, ThriveCourses.com where we provide affordable and accessible education to entrepreneurs. By working only with top experts, you can be sure to receive the valuable information you NEED to know! Learn how to start and scale your business today with Thrive Courses and start watching your business thrive.
🔻Click Below To Start Now Just For a $1🔻 thrivecourses....
WANT TO THRIVE MORE?
🔴 Subscribe to our channel and be first to get weekly content to start and scale your business!
CLICK HERE TO SUBSCRIBE 👉 bit.ly/2NaLQP5
Get social with us:
📷 Instagram - / thrivecourses & / raitisstalazs
🎵 TikTok - / thrivecourses
---
How to Borrow Money from Yourself
---
Yes. I need. Manry
My solution is better: have a savings account, withdraw whatever amount, and pay it back with interest like you would a real loan.
Yup thats what I do, my payment schedule is per paycheck, for a predetermined amount of paychecks, with 10% interest. For example; borrow 500, pay back 550(110 for 5 paychecks). Actually works, nothing else ever worked for me
I invest half my savings in the s&p 500 and keep the other half available. I stole some ideas from 401k loans when I saw my girlfriend take one out. One personal loan and one emergency loan at a time, no more. Can only borrow up to half the savings account at a time. Loan repayments are kept in a separate bank vault until the loan is paid up then transferred into the lendable savings account.
Also 10% of income goes into savings no matter what. Plus payments on top of that.
Can this method be applied on 100k over ?
I need money like rite now
I hope this video helped!