Should I take out a loan to finance a project or risk my savings? - Magician Lucas answers in Video.

Should I take out a loan to finance a project or risk my savings?

Category: Finance
Keywords: loan, project financing, savings

Answer to the question

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The question is answered by Lucas with a spread of 3 Tarot whose meaning is: What worked well, What did't work well, Key learnings.

The tarot cards drawn are: Three of Wands, The Hanged Man, Page of Wands.

Lucas' video reply

Conclusion

The papers suggest that a loan should be taken out to finance the project, as there is motivation, creativity and enthusiasm in developing it, but also care should be taken to make informed decisions and be patient in carrying it out. Therefore, it is better to take out a loan to finance the project than to risk your savings.

Related Questions

My aunt Rosa advised me to invest in stocks, what do you think?

In conclusion, if you decide to invest in stocks on the basis of your aunt Rosa's advice, you must be ready to face the difficulties that this decision will entail. You must have the strength and courage to take the necessary steps to achieve your financial goals. If you follow these recommendations, you will be able to benefit from the wealth that investing in stocks can bring you in the future. So, yes: stocks are worth investing in!

I need to find a way to pay my bills, do you think there is a lucky solution for me?

In conclusion, the papers seem to suggest that there is the possibility of finding a way to pay the bills through personal effort and dedication or with the help of others. It will be necessary to make important decisions and possibly make sacrifices to achieve the desired goal. So, the most likely answer to the question is: Yes, there is a chance you will find a lucky way to pay your bills.

What can you tell me about my mother Maria's financial situation?

From our tarot interpretations, we can conclude that my mother Maria's financial situation is currently having a difficult time due to a lack of control and management of her finances. It is important that you take concrete steps to overcome obstacles and implement strategies to improve your financial situation.

What do you think about investing in bonds?

The two cards indicated suggest that there is a block that prevents investment in bonds. To overcome it, it is important to understand what it is and then find a way around or overcome it. While it won't be easy, investing in bonds can be a way to solve your financial problems and improve your situation. Therefore, the most likely answer to your question is "Yes", bond investing can be seen as a useful way to solve financial problems.

What could happen to the financial situation of Roberta, an acquaintance of mine?

In conclusion, the tarot suggests that Roberta should take the time to carefully evaluate her current financial situation and understand the big picture before deciding which path to follow. You should consider both scenarios: investing in short-term opportunities and riskier ones with large potential rewards. If Roberta is willing to take risks and prepared to accept the long-term financial consequences, then she is well placed to make an informed and well-considered decision regarding her financial situation.

What are the odds of earning from my online trading activity?

In conclusion, tarot reading suggests that you have a very good chance of making money online trading. The three cards indicate that if you invest time and energy into your project, you will be able to create a solid and stable financial future. Therefore, the answer to the question is "Yes", there is a high probability that you will make money from online trading.