Wednesday, May 23, 2007

Some more on Credit Card Debt

Its a sad story I see everywhere in Internet about Credit Card debt, not sure how much they are true as I personally do not understand how people managed to get into so much of debt, is it lifestyle need or habit.

Here is the story : Couple Learn the High Price of Easy Credit

I am reading the book : The Riches Man in Babylon

I am still reading it. But its very interesting to read a 1926 published book. Its a series of financial parables. The first message the book gives by a story is "A Part of All You Earn Is Yours To Keep"

I guess this is the most important & simple thing in order to stay away from debt which is not good for you. Some debt like Home Loan is always there which appreciates(hopefully).

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