Credit cards

DEBTS

When i logged on to E-banking system of my credit card, it shows this-->

Account Details & ActivityXX-XX-2007 11:21:38 A.M.
XXXXbank Visa: XXXXXXXXXXXX7678 RM 5.81 amount we owe you

Steady la, YOU owe me now, OK! As long as i don't swipe the card, YOU owe me forever! Before that, my scary monthly statement as below, taken somewhere Jan 2006 statement-->

CARD OUTSTANDING BALANCE (JUMLAH PENGGUNAAN KAD) RM 7,795.05
FLEXI/EASY PLAN (PELAN FLEXI/EASY)* RM 0.00
INSTALLMENT LOAN (PINJAMAN ANSURAN)* RM 4,299.93
TOTAL CREDIT USED (JUMLAH KREDIT YANG DIGUNAKAN) RM 12,094.98

Everymonth, without fail, I paid these suckers RM1.5K to 2K. Life was tough, because of my poor financial planning. It took me a year to clear these debts only for this particular bank.

For some of us, We uses alot of future money, therefore, debts occured. I owned this credit card for 4 years, and this is my frist time i'd seen this, and i am proud to be debt free. ( On this card only, other cards all still owe la.) Apparently, i am still paying for other personal loans & another card as well. Have to be next year for a total debt free person. Haiz..

Sometimes we just can't control and just buy, buy & buy. Ended up you dont even know why you purchased that particular product or services. Got this feeling? Control man. we need control. Dont let your balls control your brain.

Moral of the story, Don't buy when you can't afford now. Later is fine. Spend it only within your own financial capability.Manage your money well, keep some for raining days. You'll never know. You don't want your GF left you because of these. Do you?

So are you still in debts? Start planning while you can!