Diary of a BANKER-Part 11

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Diary of a BANKER-Part 11
![1E60651D-EDDE-4F66-BD66-D354968BBCD4.jpeg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519231568/wppitnunexdf6vvxa0j0.jpg)

I have been working at the bank for more than 3 years now, i started from scratch, from nothing and it was kind of hard to go on without any idea when i am going to start building my life (it’s not like i am working because i am a workaholic!! It’s all about money), beside of wearing the suit that i hate (i still hate it but i am getting used to it), i spent most of my career as a replacement Main Teller which means going form branch to another almost all over the country without a car neither a good way of transportation.

![7C236B3A-2E34-4BDB-A951-12A31B5FC940.jpeg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519231964/jefn4ublz1jzgmatiqo1.jpg)
[image source](https://goo.gl/images/27BoL8)

I spent a part of time jumping from post to another in the bank some times with rectification of salary and other times without, until i worked an over time job, the important thing was that i tried to stay positive even though the entourage and most of my colleagues didn’t help me that much (there is lack in optimism), but i worked hard and i achieved my first goal, “buying a car”.

![F24776CB-9F41-4AC6-B406-E40F93112600.jpeg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519231984/flewhozuf6ljcsyxiovm.jpg)
[image source](https://goo.gl/images/DTtdHJ)

Ok! I took a car loan it wasn’t cash but finally i am a 2001 Toyota Rav4 owner, this car was just like my baby, i treated her with respect and love.

So now i am a car owner and a borrower and the most important to me as a next step is how to pay my debt in the best way and not to be effected negatively, taking into consideration that my debt is a bad debt.

![50C4C8CF-4530-417F-AB15-83BD469AFC9A.jpeg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519232026/yqu912goyd69x6sdzbhd.jpg)
[image source](http://customsnews.vn/do-not-exclude-liability-for-individuals-causing-bad-debts-3593.html)

Since debts are divided into categories some of them are the good debts (i will talk about it later), and we have the bad debts.

According to [survey](https://www.debt.org/advice/good-vs-bad/) more than 53% of workers stress is from having debts (i am talking about the bad ones).

The bad debt (other than the uncollectible) is a debt in which the borrower lend money to own something in which it’s value will be decreased without any benefit in generating money not now nor later. For example having a credit card, car loan, or TV.

The general idea from my bank experience as an employee and a borrower the debt should not exceed 33% from the monthly salary and sometimes it may reach to 43%, any number above that should be considered as a red alert to the borrower.

To be continued with Diary of a BANKER Part- 12

**The text published in this post is my original work.**

Some images are from different sources click on the link below the image to view the source.

# <center>**Kindly don’t forget to check the old parts from “Diary of a Banker” for entertainment and more information.</center>

[Diary of a Banker part-1](https://steemit.com/blog/@rabihfarhat/diary-of-a-banker-part-1) 

[Diary of a Banker part-2](https://steemit.com/blog/@rabihfarhat/diary-of-a-banker-part2) 

[Diary of a Banker part-3](https://steemit.com/blog/@rabihfarhat/dairy-of-a-banker-part-3)

[Diary of a Banker part-4](https://steemit.com/blog/@rabihfarhat/dairy-of-a-banker-part-4)

[Diary of a Banker part-5](https://steemit.com/blog/@rabihfarhat/dairy-of-a-banker-part-5)

[Diary of a Banker part-6](https://steemit.com/blog/@rabihfarhat/diary-of-a-banker-part-6)

[Diary of a Banker part-7](https://steemit.com/blog/@rabihfarhat/diary-of-a-banker-part-7)

[Diary of a Banker part-8](https://steemit.com/blog/@rabihfarhat/diary-of-a-banker-part-8)

[Diary of a Banker part-9](https://steemit.com/blog/@rabihfarhat/diary-of-a-banker-part-9)

[Diary of a Banker part-10](https://steemit.com/blog/@rabihfarhat/diary-of-a-banker-part-10) 

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