Cont'd.. Credit Consolidation

Once a borrower has gone beyond the limits where it seems too difficult to handle all of the payments due, Some people will file bankruptcy or some do the more bigger mistake by trying to avoid the collection calls or bills, or sometimes will get panic of collections or bills and will decide something without taking it to the right solution.

On other hand some people will go to consolidating institutions which would make them more in mud.

The borrower is always in a very sensitive situation like quicksand where each try to get out of it pushes more inside.

SOLUTION:

First of all, you should know the facts and figures, So, make a kind of table on the paper that would be easy to read or easy understand and then write or type down your income and then start with expenses on the other column.

There are different natures of expenses at any household that include fixed, variable, uninvited, hobbies, extras and emergency

Expenses more than the income is deficit,
Income more than Expenses is savings or surplus.

In both cases you need to take important decisions step by step to set yourself free from the state of continous deficit that keeps going higher and higher by the each month passes.

Here I have to add some of the quotes:

"Money saved means money earned"
"time is money and knowledge is power"
"While fighting, if you are the one who is been beaten then you have to be defensive intead of offensive"
"Rent should not be more than 1/3rd of the total income"


GOOD LUCK

Credit Cards and Loans......Consolidation

THINK BEFORE YOU LEAP!

General Definition for a Loan:

The money borrowed from a Lender is a loan gotten and given respectively.

Definition in reality:

For a borrower: The expense or desire that could not be afforded with your regular income

For a Lender: Another permanent addition into revenue of Bank

Bitter Facts:

When an amount on any form is borrowed by a person or company it has so many hopes to pay it back very easily or it would be a small part of the organisation's profit. In fact, more than 80% of hopes fail and the result comes up with keep paying the interest on the loans and still remains a debtor for a bank for the same amount. There are a lot of plus plus into your loan amount by the passes, like penalties, late fee, interest and other additions to your account.

While borrowing a loan, borrower looks at the small monthly payment comparing to the one big amount, on the other hand, lender is after the double or more returns of their lending from the borrower within specific time, along with the additions they might be able to add by any chance.

In the next post I would like to discuss the easy ways where a borrower has better way to pay it off than filing a bankruptcy....

Pakistan and its people...

Pakistan is a country travelling to somehwere. but not yet at anywhere.
I have observed this nation as a copy cat who couldn't copy well and now suffering.

Banks have issued credit cards and loans to the people but government has not given the right of bankruptcy filing. If you havn't paid your bills, bank representatives will knock your door and would hold your neck or maybe will beat up.

Prices of almost everything have been raised to international standards but the salaries and wages are still the same as those were a decade ago.

The ratio of degree winners to job openings is impossible to believe.

The only link between nation and Government is elections, nothing more.

Security for nation, Police has salary level that is a lot less than a income of street beggar.

Most of the Women who are fighting for women rights are wives of rich who have a lot of seminars, debates and parties but still couldn't reach the poor women who deserved that.

Young girls and boys love living western life and when they grow up, regret

Women are suffereing open domestic Voilence all over the coutry, Husbands who are a lot worried about worst economy system will exhaust themselves by beating and torchuring their wives. Slaps or using bad words at wives or kids are not domestic voilence in pakistan, by the way.

ETC ETC ETC.....

I wish somebody could prove me wrong over here.

Numerology (Number 1)

Just as a startup, let me give you all a brief description of what does the single digit in numerology generally means.
1, People with the number 1 as their ruling number are rulers or leaders; they are normally determined, innovative, creative and self motivated people with high accomplishment of goals. Very energetic and set to remove any obstacles in life with high goals and come up with brilliant new projects. They can also get easily irritated if things don’t go their way. The career that suits these people is self employment where they don’t have to follow others and be their own boss. Due to the leadership qualities they can become good politicians or military leaders

These people do have a tendency to be self centered, egoistic and demanding due to the desire of ruling and attributing success to their own self. This sometimes makes them arrogant and boastful. If they have to follow others, their life can become very unhappy due to the conflict of the nature of Number 1. They are good in starting projects but can’t go dwell into micro details unless they have followers or employees to implement their ideas

will write about the other figures in my upcoming blogs