Financial Planning, Credit card Dubai, Holiday, savings for holiday, vacation
6 Steps for a Guilt free and Debt Free Vacation.
With the holiday season just around the corner, most of us are already planning for our vacations....
Now a days getting a Credit Card, or a Personal loan is more easy and quicker than getting our passports renewed.
Every day and hour we are bombarded with various attractive offers via email, sms and via social networks for credit cards, attractive deals on various websites and promotions at Shopping malls etc..
Even banks are arranging good deals on Holidays, Electronics, Airfare, SPA treatments, and are even providing interest free installments, encouraging us to spend more on our credit cards.
Many residents are unable to resist the temptation and end up buying things they don't and can't afford.
Slowly but surely they get addicted and become compulsive shoppers. They keep spending time and money on the good deals, ignoring increasing expenses and mounting debt.
At some point in time, their credit credit cards are max out and they find themselves in a debt trap as many can only afford to make the minimum payment due on their cards.
Even if they miss one payment, they are penalized with late payment and over-limit fees, making it more difficult to clear the outstanding.
The following are some simple steps to escape from the Debt trap, and work towards a Debt Free Life...
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