11 tricks to settle your credit card debt
Credit card debt is the most common consumer debt most people will have trouble with. Since it is so dangerous to carry around a few thousand ringgits when you do
Tag
debt
Nearing Retirement? Are You Ready for It?
Find out the things you can do in preparation for retirement. Being prepared means having a happy and worry free retirement period.
Credit Cards: From Foes to Friends
Some people opt to cut their credit card in fear of misuse. If you are able to apply the tricks discussed here, I guarantee that you won't be a credit card slave. Credit card is a very useful financial invention of this modern world. People love to have their platinum card in shown off when they take out their wallet. Besides letting you pay your expenses, it is also a symbol of high income earner. If there are balance not being paid off in your credit card, by all means settle this debt first before thinking of doing any investment. You can't beat 18% annual return unless you are doing a business.
Who suffered the most during a recession? The Rich or the Poor?
Let’s look at some situations people face during this recession, which is affecting more and more people nowadays: Individual insolvencies increased Interest rates cut Falling housing sales and reduced equity
People to benefit from value-added services soon!
Value-added services in the form of jobs or business loans soon await people who seek advice and counselling from Credit Counseling and Debt Management Agency (AKPK). However, do remember that
RM2 million debt ‘collected’ by subsidiary of Bank Negara Malaysia
A debt worth RM2 million was 'collected' from 23 individuals by the Credit Counselling and Debt Management Agency (AKPK), a wholly-owned subsidiary of Bank Negara Malaysia. These 23 individuals are
Use the credit card as payment method, not for loan
Those who do not pay off their balance every month often do so because they are addicted to spending. When you don't see the bill until a month later, it is easy to give in to the temptation to make purchases that you cannot afford. When you are only paying off a fraction of the bill every month, it is easy to convince yourself that it is OK to spend more. This addiction can be as difficult to break as almost any other. Like an addiction, the best cure is not to begin in the first place. Read more of this guest post from MR. CC
My Greatest Financial Fears
Each one of us have our own financial fears. This writer shares her fears in this article. Are they similar to yours?