I’m just thinking about making a loan and realize that it’s not that easy at all if we need to make a loan with night very high interest. Normally, some bank or loan companies need the statements or salary slips 6 months backward to prove that you really have money comes to your account or your saving. Moreover, if you need a lot of money of loan, they might require you to have some reference things like house paper or land paper which means they can take those things from you in case you can’t pay off the debt.

I have to say if people are desperate with money, the loan with the high interest but approve within a short time might be the only choice they can choose from.

There are also some benefits using the credit card. Don’t think that credit card always create the debts for you, because they still make the benefits for you in some ways. First of all the first think I like most from the credit cards is that you can gain the mile to fly with the airways with the amount you pay by the credit cards. Each credit card will set the different rate for you to gain the miles, from one credit card Company I know, the cardholders will get 1 free mile with every cent they spend.

It’s a great deal and also I think with this promotion, it encourage the card holders to spend money every time through the credit cards. I saw a show that one rich girl, she get the free miles to travel all around the world already because she always spend money through her credit card. I think it make benefits for both card holders like us and card issuers like the banks or credit card companies.

In this way, the banks or the credit card companies will get more customers and more chance to get interest from the money that the customers spend and also the card holders like us will get the free miles to travel outside their own countries.

In most household, half of the family’s income goes to paying the house bills. This includes electricity, water, phone and other services like cable TV and Internet. It’s time to cut down on your home expenses and save a little money off your salary.

Here are quick tips:

• Look for a company that offers cable TV, Internet and land phone service. This way you would only have to pay for a single bill and it would relatively cost you less.
• CFL (compact fluorescent light) bulbs can save you big on electricity. They use 75% les energy than the usual incandescent bulbs.
• You can cut down on your phone bills if you considering using VOIP phone service.
• Pull out power plugs when an appliance is not in use. Most appliances on standby mode would still eat up electricity even when you turn them off.