A Personal finance blog to get rich
Weddings are fun and romantic—but that also does not take away that they could be a bit pricey, too, especially when it’s wedding season and almost everyone around you is getting married, with you as a guest.
“Our wedding was held years ago, yet the celebration continues to this very day.” – Gene Perret
I don’t advocate for buying a new car, even for people who has a good credit. In terms of value for money, a 1-year-old car is always better than a brand new car from the showroom. The moment you drive it out of the dealership, car value goes down by a couple of thousand bucks. But there are people who want to buy a brand new car.
In this post, I’ll assume the reader had a temporary hardship, due to which regular payments on credit cards and other loans suffered. Resulting in bad credit. Sometimes long term illness or a divorce can put one into bad credit. But, now the reader recovered and have cash to pay off debts, and, is confident on future cash flow to afford auto loan repayment.
You’re an investor whether you know it or not. You just might not have made any big investments yet. Investment is about allocating resources. Many resources in your life are not money. You’ve got your time (the big one!), your health, your emotions, your friendships, and a bunch of other areas of your life that you can either cultivate or neglect.
Some people seem to make consistently good choices. For others, their choices are something of a grab bag. Good choices are the secret of the successful financial investor. If you’ve figured out how to pick out the best situations for yourself in your regular life, you’ll be a natural investor.
Nowadays, nearly as many people have a credit card as own a mobile phone, and whether we are purchasing online or from a physical store we will probably be paying with a card of some sort. Whilst cards are often a safer alternative than carrying cash, using your card to shop online carries its own risks.
If our card or wallet gets stolen we notice immediately and can notify our banks to cancel them and stop the further fraudulent activity. However on the internet, our information can get into the wrong hands without us even knowing it. As recent cases have shown, this can also happen with reputable websites who have highly secure systems, thus it’s important that everyone checks their credit card statement regularly.
