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Thursday, March 20, 2008

Clear your debt

Lately I watched a set of series about love and romance. In between the story, his dad went into bankruptcy due to improper management of his properties. The main reason he went into bankruptcy is because of stock market investments.

This gives me an advice that I should manage my valuable properly next time. With this, I come out with several ideas on how to avoid bankruptcy

1stly, we should keep in mind that our valuables are our hard work, we should use them wisely. Do not spend on unnecessary stuffs.

Besides, we can always put our money in bank, it is secure and safe, in return bank paid us interests. Try to avoid invest on the stock market or casino or something else like that. They are bad, because in the beginning, they will pay you a little which make you happy and get trapped at last.

About the credit cards usage, use the card carefully. Do not overuse.

I found out a website by IVA, this website give us lots of idea on how to avoid bankruptcy and several useful tips on how to save money. For those who are involved in bankruptcy before, this website give them solutions too.

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