No matter how attentive and careful you are but problems will pay you unwelcomed visits at a point of time and how you handle them, it all depends upon your mindset. As life is full of uncertainties and you get indulged in to financial crisis and " opt for big amount of loan " that you cannot pay in well manner and its good have realization for taking too big a loan. So get ready to deal the problem a punch in the face. Don’t blame the loan agent or bank because it was your responsibility to determine how much loan you can service. Now take responsibility for your mistake and find a solution faster. Finding a solution is not easy but keep knocking on all possible doors of help. Show some interest in savings and creating a budget because a sour experience has perhaps taught you the importance of savings. Planning a savings and investments let you surpass the biggest challenge.