Steve Distant,chief of Sales at JN Bank
Many people tend to be frightened by the idea of borrowing, but debt doesn’t have to lead to your ‘death’ says Steve Distant, chief of Sales at JN Bank.
In fact, debt can actually be a good thing, if persons borrow wisely, he says, such as using the funds to invest in their personal development.
“Borrowing should never be done simply for consumption. You should also consider how you will earn or benefit from what you’re borrowing to invest in or purchase,” he says.
He says borrowing to invest in life skills, such as education and training, are good investments that will improve one’s quality of life.
“A good education will provide you with invaluable benefits and provide a platform for your elevation so that you can earn more and make smarter choices,” he says.
“These are benefits you can’t discount. No knowledge is useless!” he declared.
The JN Bank chief retail sales says the more you learn, the more you increase your potential to earn.
“Be purposeful about how you invest in your education. Choose carefully areas that you’re interested in and have a plan for how you will earn from your acquired skills,” he advised.
