Five golden rules for a balanced budget

Thinking about taking out a loan? If so, bear the following guidelines in mind.

  1. Choose a partner who will offer you a loan that perfectly matches your resources and your needs.
  2. Don't borrow more than you can afford to repay, preferably allowing for a buffer too.
  3. Carefully calculate the reserve you need: remember that unexpected expenses can throw a spanner in the works.
  4. Before resorting to a loan on which you have to pay interest, check whether it wouldn't make more sense for you to draw on any existing funds you might have.
  5. Manage the borrowed money carefully. Loans aren't an extra source of income: you have to pay for them.

Do you have any questions, or are you unsure about the most appropriate monthly repayment? If so, don't hesitate to contact your financial partner.