Monday 9 June 2008

Is there such thing as good debt?

Is there such thing as good debt? Yes there is but you need to know what it is and what bad debt is. Banks won’t tell you the different because they just want to sell you a product. The staff in a bank are really just sales staff who have been trained to sell, sell, sell. This is why when you phone up your bank to check your bank balance, they will ask you if you need insurance, or a new credit card or perhaps a loan. Just say no because you should always take these things out when you actually need to and only after doing a lot of shopping around.

Challeng youself to save money on all sorts of things, you can save gas money easy along with comparing prices of other utilities such as phone and electricity.

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