Bankruptcy

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All right. You guys have been reading a lot on personal finance, debt, credit, etc. Lets see how much you really take to heart and follow the advice:) Jokes apart, here is a big chance to be creative and practical at the same time. Flexo has asked for your advice and tips on a real life situation of one Katie. Although he has some ideas, its time for collective brainstorming…read the article at Advice Needed: Newly Found Debt and Debt Collectors and see if you can help.

All this while I have been reading about credit cards and the menace they can cause. Higher debts that is. 

Most advisors have been preaching about monitoring your expenses closely. I too have been watching my pocket and trying to implement some of those tips myself. And to be honest, I did manage to keep a few expenses under control….but the temptation to swipe my card is a difficult thing to resist; some thing that requires a high amount of disipline!

More on that later. Here is a question. How many of you think you know all the facts about credit cards and are equipped to use them wisely? Well, for starters, I stumbled across  few things I was fascinated to know about credit cards, in general, and a few other things that confirmed that credit card companies are getting richer due to my inability to resist the temptation to swipe it. Take a look at this article and you can judge for yourself…all about credit cards! Read this and let me know your opinion.

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