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Monday, October 26, 2009

TAKE CARE OF YOUR FINANCES



Hello fellow readers, I know that I haven't been posting in a long long while now, this is because I have been busy and just too lazy to post new articles. I know that my blog is about taking care of our health and bodies, but I think taking care of your money is just as equally important. I mean how are you going to take care of your looks if you don't have the money for it? I'm introducing this new topic because I want to have more stuff to write about, as one can only know so much about health and beauty. I don't believe in reading an article about beauty and simply and paraphrasing it into my blog, because it's not my thing; that's almost like copying to me. I want to write articles only based upon my knowledge and experiences.


So in the future, I'm going to write articles about finances: loans, savings, mortgages, banks, credit cards, debit cards, etc... I know this is going to drive towards a different audience, but I don't care, blogging is simply a hobby of mine, not really so much of a job.


It's a good thing now the savings rate in America is going up, whereas in 2006, it was hitting a NEGATIVE rate! That is just a shame. I know we all got loans and all sorts of bills to pay, but I believe there is simply no excuse to save a few bucks here and there. If other poor countries can save as high as 50% of their income, why can't we? Sometimes, I'll just shock as to how we can get into so much debt. How can anyone get into $10,000 in credit card debt and take years to pay it off? This is not good. If you have money problems, it might also mean you have other problems as well. So all I can say for now is SAVE, SAVE, SAVE! AND PAY THOSE LOANS AND BILLS ! One advice I can give you is never use your credit cards to pay off your loans, it's the stupidest thing ever!

That's it for now.