Friday, April 20, 2012

Tip #2 Always pay your debt


If you have the money, pay your debt and IOUs. Don't get tempted into buying luxury items or spending it on activities you don't need to do. Pay your debt off first and as soon as possible. It would be a shame to miss a due date and end up paying late fees (which means loosing more money) just because you decided to put it off and pay it later. Also paying off any money you owe your friends and family would be a good idea. That way they see you as a trust worthy individual and they would be less hesitant to lend you money the next time you might need it.

" A Lannister always pays his debts" ~ Game of Thrones

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