One of the fields the public school system is derelict on is fiscal responsibility education. True, the public schools are bogged down with meeting test requirements but that isn’t an excuse. Another quandary is who in the school would teach it as many teachers weren’t taught or did not practice individual fiscal responsibility themselves. It definitely isn’t a required course for any education degree I’ve heard of.
The only option remaining is to educate yourself on how life and the world really works or have your parents teach you (if they know fiscal responsibility). One of the main causes of the creation of out of control debt levels is the improper selection and use of a credit card.
For the proper selection of a credit card with preference to those with perks, a person would need to find neutral information sources. Combine the information source with the current fuel issues, researching gas rewards credit cards would be a good start. When you can balance all of the various choices of credit cards, then you can take action on applying for the one that best fits your needs.
As for disciplined fiscally responsible decisions, credit card use has to be kept to a few basic guidelines. First being one need to make certain they have the funds available for the purchase in their savings or checking account. Next, pay off any balance at the end of the month. Lastly, restrict the usage of the card for online purchases or spending within your budget while on a vacation.
Going on these rules while using a useful educational website can help anyone tackle the debt demon before it gets control.
0 comments
Post a Comment