STOP HOARDING CREDIT CARD DEDT!
Posted on November 25, 2009
Filed Under BIZ' X-CARD | Leave a Comment
Financial planning in Indonesia is still considered very low. Instead doing the long-term financial management, often uncontrolled daily shopping and savings eroded. If he does not owe.
The problem is, the character of Indonesian society for the financial management is still far from ideal, even a bad sort. Moreover, public opinion against Indonesia in general banking products, often misguided and lead to systemic problems in the economic system.
For example, the use of credit cards. It’s a quick credit card has a primary function simply gives the owner the debt. But the reality, not a credit card holder who struggle monthly installment bills incurred because of huge debts.
Sometimes, the interest payment alone is difficult. People generally do not understand the function of credit card products provided banking. Misunderstandings still occur in the use of credit cards. In fact, more credit card serves as a non-cash payment instruments that payment can be done later. Most people consider credit cards as a means to owe. This is causing not a few people who hoard debt.
This condition then causes the portion of savings to be eroded by a society that must be paid in installments every month. If there is a crisis, they will experience financial difficulties.
Often credit card holders who spend their credit card limit (limit) within a very short period, whereas the need to pay a year’s time, could even more. If you have this, his own credit card holders who bother. Just because a hurry to spend the limit to purchase any item whose value can not be purchased with the actual financial condition, troublesome for years to pay it off.
By placing a credit card as a non-cash payment instruments, credit card holders will spend using your credit card does not exceed the ability of each month installments.
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