Is it difficult for you to manage your multiple credit card bills? Are you forgetting the due dates of your multiple payments, and feel like having only one payment against all your credit cards? It will help you manage your payments… right?
We all are going through a very difficult situation. Many of us are not allowed to go outside our homes, and we are stressed about our physical, mental, and financial health.
Many people are losing jobs and are experiencing pay cuts.
Have you got a call from a debt collector? Don’t worry. There’s nothing to panic about. Know about the debt collection process and how you can repay your outstanding dues.
How does a scarcity mindset lead to debt?
Before answering this question, it is better to discuss what is meant by ‘scarcity mentality’ and how it is related to finance, if a relationship can be explained at all.
According to the market survey 2020 by the Council for Economic Education, there are only 21 states in our country where high school students are required to sign in a personal finance course.
When you buy an item, you pay with your credit card. Then by the next month’s payment due date, you pay off your card balance.
Is that what it’s all about?
What is called a personal financial statement?
A personal financial statement is a document that has the details of an individual’s assets, liabilities, and net worth.
I guess all of you are aware of the “DINKs”, right? No? Then it’s better to give a small introduction, just to make it clear to every reader of this post!