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...
Your Financial Reality
Now that you've sorted out your financial goals, you know exactly where you want your money to end up. Congratulations for getting through the first step of your financial game plan!
Your next mission is finding out exactly where you are now. It's just like reading the street directory – if you know where you want to go, and where you are now, it's easy to work out the best way there.
So let's take a long and honest look at your financial reality - your cash flow.
