Managing budget

1. Save 10% from your monthly salary for monthly saving.
2. Keep a maximum of 40% of the gross salary for loan.
3. Maintain zero outstanding balance for your credit card.
4. Keep only 2 credit cards, at most.

Look at how much bank's finance charges you have been paying.....

Note: Whatever loan you extended to your family members, consider it as a gift.
          Don't expect paybacks. You wouldn't feel hurt.

Compromising Position

Is ignorance a bliss?
Not anymore.
Where ever you are, you are only maneuvering your car going forward, avoiding the incoming hails of every kinds.
The more knowledge you have, the more prepared you can be.
Survival is no longer an option, it is a must.

20110420 17:35