Wednesday, October 31, 2007

Debt

As I have posted before I really think that debt management is very important. I spent a lot of time reading about money, how to save it and how to pay off debts and I feel that I have a pretty decent knowledge of it. It makes me sad when people get into so much debt then need to get an IVA to get them out of trouble or they have to consolidate debt in order to manage the payments. I really feel that financial knowledge should be compulsary education in schools and then people would at least understand how loans and debts work and have some idea of how to keep out of debt or pay it back if necessary.

No comments: