Learning About Debt
Debt? Oh, this is something that is very much feared by many. Ever heard of the story of the lead character of the book ?Confessions of a Shopaholic?? Perhaps you have no idea.
Well that was a story of a girl who just think that the credit card is some form of gold ticket that she can use every so often to purchase anything she likes. It turned out she loves the experience, you know having all the right to buy anything even if you run out of cash? That is too hard to resist. Now, that she end up with balances in her credit report, she worries but then only for a short span of time and then she’s back to her habit you know doing all these and buying all that with her credit card until it is no longer in her capabilities to pay. The debt (there goes the magic word) just piled up and she had been haunted by all the debt she made.
Debt now, is something you might think you should have not got your self into in the first place. The real score really is that you are not the only one who thinks that way and debt is not in its self an evil you should try to avoid. Like many pleasures in life, debt is well, healthy at some point too! You can have the things you wanted this moment without having to pay it right now, isn’t that supposedly a great end of the bargain? On the other end, you have to PAY it on the right time or else you would have to pay the price of not paying it… got it?
What you should do to at least not fear the word anymore are these:
* Treat your credit card as cash. You would have to think that way you know so you will control that nerve, the itch of actually making purchases even if you don?t really need them. That way you would think it is so hard to earn a penny.
* Just never get more if you have less. Set your bench mark in the best possible mark. Never get too much when you know you can never pay them at once. You get your self in to so much trouble because of debt when you get more than what you are actually capable of.
Debt is a traitor you know. You ca n never be too complacent, not ever. You just have to think that if you never wanted to sink even deeper, never get into the nerve of it.
