Spend Wisely!

I'm managing my own money now and to keep myself in check I always keep it a point that I only spend beyond my means. Nowadays it is so hard to keep up with our daily expenses and we often forget to pay our bills until the last minute which would make our lives more hard until we get our next pay check. I know how it feels to over spend because I probably am one of the guys who spend too much on clothes, shoes and parties. I go out almost every week and dish out a couple of thousand bucks cash and a few swipes of the card. It's a good thing I know how to handle it because unlike other people, I have self control.

I've got a word of advice though for young single guys like me. If you can't pay for it anymore and you have tons of credit cards, I suggest you make your life a little bit easier by debt consolidation. Taking your financial problems into one bank can get your interest rates on a better scale. At least you are going to be charged once for your credit card debt. There are a lot of banks who would appreciate this and financial advisers would strongly recommend it. If you are in a situation where you cannot find debt consolidation loans anymore, make sure you strike a deal with the credit card provider with the lowest interest so your payment schemes would be easier on your budget. It pains to see some people are not handling their finances well when it is just simple. If you save a lot, spend within your limits and only purchase what's necessary then you wouldn't have problems with money. If you've got a better idea, let me know!