Debt

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Andrew Krajewski

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Thu Nov 27, 2014 8:40 pm

Debt

by Andrew Krajewski » Tue Jan 13, 2015 9:21 pm

Recent research by Key Retirement has found that 10% of people aged 45 and above do not expect to clear all of their debts before retirement, with a further 9% unsure if they will.

I find that a very scary statistic and it clearly points to the fact that we need to plan our finances very carefully.
However, it's very difficult in this day and age not to get caught up in the 'I must have it now' syndrome.

The moral is,
be more frugal NOW to avoid being caught in debt upon retirement
when there is little that you can do about it..
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Rachael M

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Thu Mar 05, 2015 11:31 am

Re: Debt

by Rachael M » Thu Mar 05, 2015 11:36 am

For the vast majority long gone are the days where you saved for a purchase

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