Should you loan your house to start a business?
It’s a question that people who want to start a business always ask themselves. Should or should not? Let’s do a simple test. You want to start a business, which needs one hundred. You go to the bank, and the bank says that your house can make you get two hundred, but you have to pay ten per month to the bank. Then you will tell yourself that you can do it because you will spend only one hundred to start that business, and you will have one hundred left, which you can use to pay the bank for ten months. In addition, during ten months, you will work hard to earn and save money, and you don’t think you won't make it. If you have such an idea, ninety percent, you will fail. Hence, it is better not to take the risk.