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We often see people we know sell
their items that came from their home from brand new and second hand items when
we have been in our home for a long time you realize there are items you really
don't need or may have out grown out of it. No matter what the reasons are some
people would like to sell it out to the public whoever is interested in buying.
I am kind of the same way but to me
I sell the items that are brand new but through installment basis because I
know the people living with me cannot afford to pay in full because they have
their own obligation in life to help support their family members from being
single or married.
Everyone wants to buy something but
people have to limit their expenses in things what they want to buy for
themselves.
I understand those kind of people
who want something but yet cannot afford to pay in full that is why I make a
promissory note in every transaction I make and it is in Tagalog so they would
understand it more in what they are putting themselves into in life we need to
make a formal letter to make sure they don't run away paying what they owe this
way it is like a business but in favor for them because they get to buy
something from you through installment with zero interest.
This is a sample of my promissory
note and the way it works for both of us.
Promissory Note
I, NAME OF PERSON will pay a total of PRICE OF ITEM to
pay off the ITEM
SOLD by each salary from the 15th and
end of the month. Ako, si , NAME OF PERSON ay magbabyad ng 500 pesos buwan
para mabuo ang PRICE OF ITEM para
mabayaran ko yung ITEM SOLD.
Alam ko na hindi pwede ibalik yung
ITEM SOLD.
Deposit:
July 15, 2020
Ang babayan:
July 31, 2020
August 15, 2020
August 31, 2020
September 15, 2020
September 30, 2020
October 15, 2020
October 31, 2020
November 15, 2020
November 30, 2020
December 15, 2020
December 31, 2020
January 15, 2021
January 31, 2021
Full Payment of PRICE PAID OFF
Witness____________________
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