In Trouble

            Trouble, Who here never get in trouble? 100% of us can definitely be a problem either simple problem solved, and even need many years to complete. But I will be talking about a matter of why consumers are not able to pay the bills. The Bill could have been related to the water bills, electricity bills, or other bills.

            Continue to appear questions why consumers can't afford to pay for it? approximately 48% are caused by loss of income, 25% are caused by overextension, 20% defective goods and service, 4% fraudulent use of credit, and 3% other. Loss of income because unemployment, illness, divorce or death. Overextension because poor money management, emergencies, materialism, and need for instant gratification.

            So what should we do if you have difficulties in paying the Bills? We need to know our income is, whether we can afford it, if not we can afford it with multiple payment such as paying in form three times or six times. Next to do is downsize, then identify the need or desire you do a budget with your income, so that it can help you to pay and it is possible that excess revenue be used for savings or investment. Then contact your creditors tell them why you can’t pay, that you intend to pay, and when/how much you will be able to pay. You may be able to work out a new payment schedule, If possible, continue to make the minimum payments.

            So should we all friends have to figure out what our needs first, so that the money we use in accordance with our expectations, if we do not use with appropriate then we would have difficulty in paying the supposed we could afford it and even we can save money, but we had to use savings to pay for it. so we had to do a budget to help us to more easily resolve problems in spending the revenue