Kimberly - Poor Financial Management
Commerce comic strip
Mark Simpson is a business owner who is doesn't mind spending money on things that don't matter.
Mark receives his bills for the month and realizes that his business is no longer making money and he can't pay his bills.
He gets a loan from the bank to help him pay all the outstanding bills which he hasn't been paying.
Mark pays the bills but can't get the money to repay the loan before the deadline, so he has to pay additional fees such as transaction fees
He can't pay the new money he owes so he declares himself bankrupt. Mark gets a bad credit history as a result in future when Mark tries to take out a loan, banks will be more hesitant.
He is evicted because he owes more and more money so he gets homeless and goes into depression.
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