Now is 2.18am, I just came back from my cousin brother weeding dinner, feeling a bit drunk. Haha, dun misunderstand that I like to drink those alcohol drinks, I forced to help my cousin brother in fact because my cousin brother cannot drink much. As his cousin brother, all of us have to help to “serve” his friend who can drink much. At the end, most of us were drunk (I just help a little bit only, haha…) while my cousin brother still in good condition. Anyway, we complete our task…..
Well, is time to do my homework again. Today the topic I’m going to talk about is causes and prevention of credit cards debt. Nowadays, credit cards already became a very convenient and useful tool for everyone. Most of the person may think that credit card= money? Does everyone agree with this statement? I would say no because credit cards can be used to buy something rather bring lot of cash money but it doesn’t mean is the assets u having now. Debts of credit cards in our country keep increasing year by year because of the users spending their money by using credit cards without a proper planning and budget. Because of the amount of the debts became higher and it bring in the higher interest charged will cause to the burden of the users more heavy. Another issue would be the age of the user of credit cards decreasing which means there is more and more youngster using credit cards. Among the youngster category, we found out that most of them lack of the clearly understanding of the interest rate and some of them lack of the financial management skill as well which may cause this category having the large credit card debts.
To avoid this kind of problems happen on yourself, you may check out the following ways of prevention. First, think before u purchase a good or a product. Before users purchase the product, the users should think properly is that good useful or necessary for them. Another way is planning, planning playing a important tool in any life management. The users may plan the future usage or spending budget before they go for a shopping. Besides that, whenever a user purchased a product, the user may keep the receipt of the transaction and record it down to further refer. It may useful to give a notice how much they had spent for this period of time.
In conclusion, credit cards really a useful and convenient tool for our life but just depends on how the user using it. Use it smart and dun let this small plastic card become a burden for yourself or your family. Thank you…
Last but not least, I would like to wish my cousin brother have a sweet wedding memory and stay happily forever. ^^
1 comments:
credit card is very useful stuff,but the sad thing is that it can be very danger also......it depends on how we use it...i think those who always overspent should set a limit to their credit card account and one credit card per person is more than enough....
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