Friday, May 29, 2015

staying out of debt


Maybe we have heard
Many times over our lives
Spending more than we earned
Living on borrowed funds

The crash will happen
When we have no jobs or income
We are forced to look at it squarely
What to pay out of a job?

It is better to know
Don't buy what you don't need
Don't buy just for buying experience
You will draw into debt

Credit card or cash?
Know your limits in purchasing
Don't jump over the dog
Thinking you have excess funds

You want something?
Start to save every month
It may take a while
But it is worth your time

Don't forget to stick on your budget
You know the income and expenditures
Don't throw it out prematurely
It will bring you into financial distress

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