Debit Cards V Credit Cards
When you’re under 18, you’re lucky! You can’t get into trouble with credit cards as you are under the legal age! But a lot of young people are encouraged to get credit cards when they turn 18! Beware as misuse of a credit card is one of the easiest ways to get into debt.
Let’s first look at the differences between the two. A debit card gives you access to your own money, so you are limited to withdraw or spend only as much as is in your account. When you turn 18...
Watching your Back with Insurance
When you work hard for something and it gets taken away from you, it's pretty hard to swallow.
Imagine you've saved for ages for your own car and then someone runs into you. Or, while everyone's out a thief breaks in and steals the stereo you got for Christmas. Not Happy Jan!
Life is full of risks, events and accidents we can't control, so what can you do to protect yourself and the things you've worked for - apart from refusing to leave the house?
That's where insurance comes in. When you buy insurance (say for your car), you're buying a guarantee that if something bad happens, your insurance company will pay the bills to fix it.
Insurance comes in all shapes and forms and can cover all kinds of things, from your home, your possessions and your car to your health and your income. Deciding how much you need is a game of weighing up the risks, based on what MIGHT happen.
Choosing insurance can be a confusing process when doing it for the first time. However if you understand the basics you are far more likely to end up with insurance that protects you without costing heaps. So let's start by looking at some new and interesting insurance words.
