Are You A Debt Diva?

Debt is used to something scary of the women. It has become a norm. But be careful, sooner or later we all must pay. Below is just a sample, regardless of the debt that will drag us, especially women who owe only to fulfill the desire to have something.

Yuliana, 28, worked as public relations. Incomes around Rp 65 million per year and he still lives with her parents. Yuliana debt has reached almost Rp. 67 million. She has a installment in the bank and three credit cards, but she still does not believe the financial problematic. "I'm still able to pay the minimum installment is approximately Rp. 3 million a month, so I'm OK," she said. "There are many items that I need to buy, such as new computers, and with this job, I expected many OK, so it looks like I spend a lot of clothes," she said.

And, not only accessories. Last year, Yuliana has spend to around Rp. 6 million for a Louis Vuitton bag Neverfull GM, and when calculating the last time she has more than 60 pairs of shoes. Someone who has a debt of more income per year will be possible to reduce the social life style, but not so Yuliana. "There's I spend most of my money," she said. Hang out in Jakarta can be very expensive. I can easily spend Rp. 500,000 a night, even more. It is one of my. I like to go to places where the good I have to pay Rp. 200,000 for a glass of wine."

Debt used to be something that we scared off. It has become the norm, something that we do not think while we continue to issue currency. Usually, when dealing with money, women left behind from the men: we earn less, we invest less and we save less. But if it is to Spending, women seem more extravagant. Survey shows Yuliana case is not unusual. Four of the five women under the age of 25 years continue to spend more money from their income every month. More concerned about is the fact that many young women do not see debt as a serious problem. Yuliana believes she can pay the debt-debt if their income increased. But he admitted no one knows large debts now.

Debt counselor and financial adviser said as women like Yuliana debt at the time read - and believe they can pay the debt, the debt - the actual problems in front of the pile. "All people think they will win the lottery," said Mark Dampier from Hargreavers Landsdown, a financial advisory company in the UK. "But the fact is you can only serve as the wife of England soccer players for five years, but you will spend the next 50 years to pay for them."

In addition, we can only sabotage the future of our own. "Plunge into serious debt that can limit your entire life," said Phillippa Gee of Torquil Clark, a financial advisory company in the UK other. "Later you can not afford to enjoy a holiday as desired. Can result in even more serious again, you can not afford a child if the views of the financial aspect. "

But why young women owe happy? Some experts say this is because we are very consumptive, obsessed with celebrities. We know what the artist charged "A" last weekend, how much it costs and where it was purchased. The instant availability of credit cards means that next weekend we can also buy them.

Jackie Newton general manager of the Chiltern Debt Management, UK, said, "the credit card company also blameworthy." There are many rental that will not be responsible also. "I have been moving in this business for 8 years and is still surprised to know that many people have a credit card when clearly they are not able to pay it." Credit card companies tend to lend based on how you pay-in and perform the analysis of detail about income and your spending.
Not only are many people in debt, the debt problems of extreme also increasingly severe. Thus, the temptation to try to hold friction credit card, or you will get involved even more in debt. You can read books such as The Goddess Money financial: The Complete Financial Makeover by Paula Hawkins, learn to manage your finances.

I owe RP 150 million AT 30 years of age

Dewi, 33, the reservoir is careful when he aged 20s. She worked as a manager in multinational companies. Dewi's life appear regularly on the track when about 7 years ago, she met with a man falling in love, and then married. "We buy in installment an apartment together, and it spent all my savings," said Dewi. Since that time debts began to grow. "When we already occupy the apartment, I immediately began to decorate it. I take the loan at the bank and have some credit card debt. "Finally I decided to take a loan to pay for all card debt, so I just focused on one installment. The problem is when the cards are empty, I began to use it again. "

Along with the increased debt, Dewi's big problems in the marriage. Her husband has an affair with another woman, and has a child birth from their affairs , "He chose that women because they already have children," she said. Then Dewi know which are they buy the apartments are fully with the name of the husband, she is managing the purchase of the property and do not include her name on the deed Dewi apartment.

Dewi exit from the apartment and forced to live in the house costs. " Bills coming and I can not pay it," said Dewi. I should not each pay around Rp. 2 million more from my earnings, and another debts continues to increase.
Debt is ultimately reached Rp. 150 million. "I was thinking to suicide, I think there is no other way out."

Fortunately Dewi has got help from a company's financial advisors. "The financial advisors have to check all my financial situation, ranging from how much debt to how often I cut my hair." Then Dewi assisted to manage the debt-payment of debts and financial. If everything is finished, she likely will not make a credit card again. "I have a surfeit of debt," said Dewi.

HOW TO STAY OUT OF Debt:

• Use cash if you tend overspend. More difficult to cash than credit cards
• Make money diary to see where the location of your mistakes.
• Make a budget and make sure you do not run away from there.
• Be careful about transferring the balance: if you move your credit card debt into a new credit card with 0 per cent balance, do not use the card until the debt is paid card has been completed. Most credit card companies use the lowest monthly payment to settle the debt, the debt so that the greatest increase in interest rates.
• Contact a trusted financial advisors.

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