If you are in a crisis situation - any income may drive you to even greater impasse. First of all, you must know what to do with money, as well as start a life financial management.
So, you decided to cover your debt, let's see where do get the money for this procedure:
- 1. Ask correctly to raise at work. Do not ask for higher wages - bosses does not like this conversation. Most likely, you just fall in the eyes of your director. Instead, ask the boss - if you can do something that has led to an increase in salary. Such an approach will only raise your status.
- 2. Borrow money at safe source. Just the thought of the new debt makes you shiver. But, it is a very wise decision - to cover the loan with the highest percentage of a loan with a lower interest rate and better terms. Although, this advice applies even longer credit and debt. Take borrow money from family, close friends. But, remember that return their money - is more important than return the money to the bank, because otherwise you can shake your relationship. And yet another reason to think about. Borrowing money without interest in the family, you act a little unfair to them. Since money is constantly losing its value and your family will not have the amount that you give.
Tips for the future. Or when the nightmare is behind.
- 1. Forget about loans. But, if you still wish to experience the thrill, remember one thing - try to keep the debt at a maximum level equal to 15% of your annual income (this maximum is better - less). That is, if during the year you earn $ 9,000, the amount of your loan should not exceed $ 1,350 ever.
- 2. Keep an eye on all interest rates. We are not talking about the overdraft, or other penalties. Today, banks have gone further. You have decided to throw out your credit card? Wait - maybe in the contract you have specified penalty for the long absence of card activity.
The theme of credits and debts in this article does not end there. But, be attentive and try to live without them!