The risk of losing your home because of bold business decisions

If only I analyzed things more slowly, more carefully, decisively and did not believe in my wife’s words, things would not be as tiring as today. I am 38 years old, my wife is 37 years old, have two children in primary school. Three years ago, my family temporarily called it stable when we had a house in Saigon, our husband and wife’s salary was enough to live on. All difficulties started when his wife quit her job and planned her own business. I always support my wife in everything but I think it’s wrong. I support while my wife illusions that strength will pay the price.

His wife moved to the suburbs of Da Lat to rent land and open a self-service coffee shop. The empty land of 500 m2 has nothing and we renovated, designed and built from scratch. No capital, we mortgage Saigon house to have money to invest. At first I budgeted as much as I could. By the time we started working, it had exceeded expectations. Shooting the javelin must follow the javelin, the wife said that she had to accept the business, and advised me to sell my beloved house after many years of effort to get it. At that time, I did not understand why I was so weak, listening to my wife draw very good scenarios, very good business results, while not thinking about the risks.

>> Returning to work as a hired worker after two years of starting a business

We rushed into bold decisions and then had to go through many difficulties. The most important thing is that the money from the sale of the house two years ago has now been poured into all the construction of facilities, machinery, furniture, but business results are not as expected. Every month we cannot earn enough to spend, now looking at the property we built for many years is lying on rented land, there is no hope for the future. If the transfer or liquidation is not much, the house price in Saigon increases sharply, I do not have enough money to buy it back, I think it is bitter. I don’t dare to advise anyone, just hope that once you do business, don’t overdo it, whatever you do, keep the house, don’t work so hard like me now.

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