do not take loan untill it is required for medical treatment only not education , invest in Gold , banker are killing middile class , do not go financial Consultants , frankly speak in Hmoe (Parrent/wife)only. difinitly you get relief from this.
Trust your spouse and tell them about financial status. Spouse would be one after your parents to guide you properly coz their lifw is also dependent on you.
Thank God, I dont own a credit card and never intend to have one. I am happy to have a Debit card. Also time to time show your spouse your financial details so that he/she should be aware.
Golden rule that I learn: Your monthly debt (car loan/EMI/credit card bills etc) should not be more than 30% of on-hand monthtly income. If its more than 30% then you need to check your financials.
Re: And
by venkitapathy chinnasamy on Sep 23, 2010 11:11 AM
Don't Borrow, Try to live with available means. Simple & contended way of living avoid most of the financial problems.
If u offer consultancy or advisory services on financial infidelity, open a branch in Hyderabad as u will lot of cutomers right from high end software professionals to subjee vendors, who are day in and day out thinking about duping others to overcome their difficulties.
