Debts are everywhere. It almost seems that we are unable to live without them right? You want to buy a house, you are in debt, you want to buy a car, the same case scenario. Well, these debts are necessary, right? But what about those that we bring upon ourselves unnecessarily? It seems that now it is the right time to get rid of them, right?
So, check out what kind of things you are doing that cause your debt to constantly rise:
You pay your debt off with minimum repayments. And you actually never get to pay your debt off.
You do not pay on time. And you risk a fee.
Getting cash advance.
Borrowing money from your friends and family. Actually, there is not that many people who are able to pay the money they borrow on time. Life is complicated, something happens, you lose your job or whatever and you have a problem. That is the reason why you should leave your family out of it.
Calculate. You need to know what you are dealing with. If you are planning to rebuilt your apartment, perhaps credit card is not the smartest financial solution for it.
So, now you know what you should not do! So, good luck!