How To Get Out Of Debt In A BitLife?

Excess of unplanned expenditure can lead to debt in Bitlife and it might be difficult to recover from that situation. No matter what, it must be repaid. In order to do so, you can try getting a stable job with a competitive salary package and pay off your debts slowly in instalments. Another option is, you can sell your assets, pay off your debts with the money and rebuild your assets again. 

Different Types Of Loans In BitLife

If you don’t know, Bitlife is a life simulator game where the user makes a decision based on a series of multiple-choice questions presented to him. The game is based on the replica of the real life of any human being, initiating from his childhood to adulthood, and takes them to a series of questions which will in turn affect their future e.g where to spend money, who to form relationships with etc. 

There are primarily two types of loans in Bitlife:

  • Student Loans
  • Mortgage loans

Legal Ways Of Paying Off Debts in BitLife

How To Get Out Of Debt In A BitLife

In Bitlife, you might come across several illegal ways to earn money and pay off your debts. But in the long run, if you get caught, then you might have to suffer a lot. These activities include burglary and pickpockets and it is not at all advisable to conduct these activities.

It is therefore suggested to resort to legal ways to pay off your debts. The process might be a bit elongated and complicated, however, it is still the safest way to pay your loans back. 

1. Be consistent

When it comes to paying debt, you should always opt for consistency. No matter how hard it gets, make sure to pay your instalments every month. All you need is an active bank account with a positive balance and a medium to pay it. If you are a salaried individual, then paying off debts in monthly instalments is best way to get rid of debts. 

2. Bag a job with a good salary

If your profile has an appropriate amount of degrees, qualifications and experience, then getting a job won’t be much of a hassle. Make sure to get promotions and a good raise every year to pay your debts early. If you can’t manage a well-salaried job, then you can always opt for freelancing which will fetch you great earnings. Now, you can easily pay off your debts. 

3. Surrender the assets 

In case, you still can’t manage to pay your mortgage loans, the ultimate solution is to sell off your assets (e.g home). Then, you need to start from scratch again. Work hard, extend your qualifications and make sure to get a good salaried job with benefits and promotions. 

Frequently Asked Questions

Q1. Wrong Ways Of Paying Off Debts in BitLife?
Ans. In Bitlife, you will find several illegal ways to earn money and pay off your debts. But there are high chances that in the long run, you might get caught, then end up in more debt and ultimately suffer a lot. These illegal activities include burglary and pickpockets and it is not at all advisable to conduct these activities.

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