6 Ways to Better Manage your Household Debt

Happy Monday to all... For those of you who've been watching the rugby, I hope you all feel as terrible as I do today. I think I'm officially beginning to get old! Thank goodness this rugby thing happens once every 4 years!

Anyway, I have a great little debt management tip article to post today courtesy of Absa Home Loans Department.

6 Ways to Better Manage your Household Debt

• Draw up a monthly budget of all income and all expenses and stick to it.
• Speak to your creditors about alternative repayment arrangements. Most will be happy to help you.
• Always pay your essential expenses first, like electrical and water bills etc.
• Try to settle high-interest accounts first
• Don't make emotional, impulsive purchases - especially not on credit.
• Shop around for bargains and cheaper prices

WizardMan out!