Credit cards can be useful and convenient for paying for goods and services. They are, however, a way to get quickly and deeply into debt. The high rates of interest and a low minimum repayment can create problems for borrowers. Debt can grow, and many have found themselves buying things on impulse they can't afford. … Continue reading Should I Get a Credit Card?
At some point in our lives, many of us will borrow money. This might be to buy a home, car or other goods. Retailers, banks, credit card companies want us to borrow. There are advertisements wherever you look, which are tempting you to buy now - pay later. Borrowing invariably is a bad thing, perhaps … Continue reading The Danger of Debt
Never Split the Difference is the title of a book I read a little while ago. The book by Christopher Voss, a former FBI hostage negotiator. It tells Chris's story but more importantly passes on some good advice in the art of negotiating. I love many of the ways that Chris explains the psychology of … Continue reading Never Split The Difference
Photo by Josh Appel on Unsplash Personal Finance - Budgeting Many of us have difficulty in managing our finances. Budgeting, of course, is essential, knowing where our money goes each month and allowing for future expenses is key to avoiding financial problems. There is one problem that confronts most of us and that it is the subtle power of … Continue reading Your Finances and The Power of Multiplication