Thursday, May 31, 2007

Debt Tangles

Being in knee deep debt is comparable to that of an unfortunate who has slipped into a gorge. This is a very big issue in our lives. Even for the simplest of purchases we use our credit cards and slowly but steadily get entrapped in multiple debts. However it is very easy to keep yourself from being a victim. Use thy grey matter. Do not go ahead and use credit cards for impulsive purchases.
Restrict yourself to your ATM cards, debit cards, try and pay cash when it is within your limit. Extravagant lifestyle is not to be lived on credit. You earn, you deserve. You do not have the capacity, then do not indulge yourself. Once already in debt try not to overspend. Pay off your previous accounts and then implement a proper budget to manage your finance. Simple as that. Manage life with elan.