Bama-365

Debt Management

February 28th, 2008

It’s never easy not to have debt. How many people out of hundred have no debt? I don’t know exactly number but I guess it should be few compare with people who have debts. But I don’t want to let it happen to anyone especially with myself. I hate debt, no offense, but really hate it. Some people spend all their salary on debt, that is not a good idea at all. Debt comes with the interest as well and that interest let us never get over the debt, never ever. So the way to prevent the debt is not let yourself have debt in the first place.

When you’re tight of money in some month, use money carefully and be stingy. Or when you have unexpected bills, make a loan with low interest and also loan money in the amount that you really need to pay unexpected bills or something else necessary, please do not make a loan for shopping and other unnecessary stuff.

That’s my idea how I prevent myself from debt, it’s my own Debt Management. What about you? Do you have any good idea about it or you might even have your own debt management idea, please share if you have any idea.

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