Controlling debts

All we need to deal with money and sooner or later, many may experience financial problems, arising from the acquisition of loans and non-discharge of certain accounts payable, accounts like water, electricity, telephone or even rent. And when a debt is being formed, they tend to grow rapidly to a point where it is impossible to control it.

Therefore, the best way to avoid the frustration that this situation may cause you is controlling debts before they grow too! Of course, even if the debts are already quite high, still no solution, but the important thing is to worry about it as early as possible, because every day is one more day that more interest will be charged.
In order to better manage your money, you need to understand what it really means credit. Many people take this as a good thing and it really is - provided you know use it only when it is really appropriate, and this is where most people make mistakes, using it without any restraint. Suppose a college student who still does not work but is persuaded to have a credit card. Despite the benefits that it brings, the simple fact of having to pay the annuity as it represents a cost that, given the context of the "non-working" may be difficult to remedy.

However, if that same student is interning somewhere, then the credit card can be a way to anticipate today for buying something that he knows he can pay within 15 or 25 days, when we get your payment . So while it makes shopping aware that you will have to pay them on the next bill, everything is great.

But the student of our history begins to get excited, after all, can now piecemeal purchases for three or four installments without interest! Guess what happens? He begins to lose control over how much he has bought, after all, he bought today, but only pay the first installment in a month, the other portion in another month and so on. It may seem easy when talking about a single product, but maybe next month our beloved student find another excellent offer (maybe something useful for him, like a book or financial calculator) and buy this split six times. When you realize he does not know how much more he can buy every month in order to stay within the limit that can pay monthly.

Know what will happen? Enter the famous revolving credit which, as we all know, is quite expensive. And from then, if he does better control your impulse and your finances, things only get worse. And here is where you can begin to get a better financial life , realizing that if they do not use credit appropriately, can come in a wide spiral of frustration, such as Gustavo Cerbasi called negative phase in our lives.

If you believe you are a shopaholic, why leave the house with your credit card? Leave it at home! Saw algoque seems a great offer that should not miss? Just think: you really need it, ie, if the price was not so low, you buy? If the answer is no, even though the price is inviting, you should forget about this offer.

Many people find it difficult to manage their debts. In fact, it is difficult to control our habits that are gradually become very harmful addictions. In our story, for example, if our student awareness and draw a very clear plan to save the most money he earns, no more buying on credit card and pay off your debt as much as possible (depending on the value, perhaps worthwhile to get a personal loan to loan to the card because the interest on the card are 3 to 5 times larger!), finally, if he undertakes to change their habits, it is very likely that he will recover financially.

And you, dear reader, have any other tips to control debts?