One of my gay QAS whom I have mentioned in this blog before would always resort to having cash advance once every other pay day. He, she or whatever gender you might want to call a gay, is living a lavish life that he soemtimes forget to save for the rainy days. I remember when the first time that he acquired a Citibank credit card, he used almost P12,000. That is more than we he earns every pay day. He is an impulsive shopper if I may say. I advised not to bring in any credit card during work days and bring only P300 every day.In order to save money, I taught how to ride a bus instead of taking a cab everyday. He now also brings packed lunch isntead of going out to fast food chains everyday. I am not saying that getting cash advance is bad. I don't think that having credit is bad. A credit only gets bad when you don't know how to manage your fiannces. A creidt only gets bad when you don'tpay in time and let back institions fine you with allthose finance charges. In times of raining days where liquid cash is needed, having emergency cash loans such as pay day loans is another good option. The convenience of having the emergency funds deposited right into an account is really awesome. Me? I never had any casg advance in any of my credit card. But who knows,I might need oen especially when I get to be with Russell in L.A. Labels: benjamin talks, business matters |
