BÀI LUẬN TIẾNG ANH HAY the problems of being in debt

BÀI LUẬN TIẾNG ANH HAY THEO CHỦ ĐỀ
BÀI LUẬN TIẾNG ANH HAY

The problems of being in debt

Neither a borrower nor a lender be so goes the famous saying from Shakespeare. How true it
is. Being in debt is one of the heaviest burdens for anyone to carry. The borrower of money, no
matter how small or large the amount, owes the lender. And until the debt is paid, the burden
weighs down the borrower, sometimes terribly.
When my father was young, he bought a house after he got married. He took a loan from the
bank to pay for the house, and for the next thirty years, he had to work hard to repay the loan.
There was a period when he was out of work, and our family had to dig deep into whatever
savings we had to service the loan. Those were difficult days, and I could see my parents age
visibly. My mother had to find work in a factory to help make ends meet. Anyhow the days are
easier now with my eldest brother and sister working. My father says it will take another five
years to repay the loan completely. What a relief that would be when the time comes.
There is an uncle of mine who is perpetually borrowing money from anyone who would lend
him. It is not that he does not work, but somehow he misuses the money by spending it on
unnecessary things. The terrible thing is that he almost never repays his debt. Our family has to
bear the burden and this is really unpleasant.
Once he borrowed money from some moneylenders and missed out on the repayments. The loan
sharks came looking for him and threatened his life. We again had to dig up whatever we can to
pay these people off so as to prevent any serious thing from happening to him. We hope that he
has learned his lesson. If this sort of thing should happen again, I doubt that anyone can help him
out. He has practically exhausted what we have saved.
Despite the problems of being in debt, borrowing and lending is still necessary in this world.
Banks give loans to borrowers to set up their businesses or to buy houses and cars. The
government and other bodies give loans to student to further their studies. Family members help
one another out in times of financial need. So borrowing and lending is part and parcel of
living. The important thing is to repay whatever that is borrowed. Only when repayment is done
are the problems over. Certainly it is best not to be a borrower or a lender, but then who can be

sure that they will not become one ?



perpetually

always



exhausted

to use something completely



part and parcel

to be a feature of something