Monday, July 25, 2005

KEYS TO GETTING YOUR ACT TOGETHER VII

MONEY AND CREDIT MAKES THE WORLD GO ROUND

I am sure by now you probably want to know who my pastor is, but a few Sunday's ago, he talked about the subject of our credit. It is so true that this country is such that you have to borrow and owe before you can get ahead. To an extent it is good, because you can go to school without worrying about your tuition until after you have completed your education. But as is my case, there are no guarantees that the degree you borrowed thousands of money for would translate imeediately into a well paying job to meet those financial obligations. Then you sink deeper and deeper into depth when it comes time to buy a car, a house, because they are approving you left and right for credit. If you haven't already fallen in to the red zone, be careful and ensure that your credit stays on the good side. If you are in the red zone, make an effort to settle those bills and have it reported to the credit bureau so that you can get credit too for paying up. Most importantly, keep income coming in, one way or the other, to the best of your abilities, because when you have a huge balance in your bank account, the chances for stress and worry become less likely. There is nothing like financial security.

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