1. Financial management is a must in life else one will find himself in a debt trap. I am a lot financially disciplined and use the following thumb rule for investment which is 100 minus the age and the resultant is the percentage which I place in equity and balance percentage of the amount I place in the debt instruments so that in a need of crisis I am able to break these debt instruments and can use the proceeds for unexpected payments.
2. I use the credit card with responsibility and pay the due amount at least 5 days before the due date and thus I am able to enjoy the free credit also without paying any mind boggling interest rates. Now a few people ask that why I pay 5 days in advance credit card dues and my answer is that I am sure that the payment has been made as at times on the last minute bank server may not function online and now no fault and an individual is straddled with a high interest rate.
3. However still if one is strangled in the jaws of debt and is finding it difficult to wriggle out than one can use the Debt Management services which helps people to avoid going bankrupt.
2. I use the credit card with responsibility and pay the due amount at least 5 days before the due date and thus I am able to enjoy the free credit also without paying any mind boggling interest rates. Now a few people ask that why I pay 5 days in advance credit card dues and my answer is that I am sure that the payment has been made as at times on the last minute bank server may not function online and now no fault and an individual is straddled with a high interest rate.
3. However still if one is strangled in the jaws of debt and is finding it difficult to wriggle out than one can use the Debt Management services which helps people to avoid going bankrupt.
