Money Debt Management

Talking about debt problems debt we must remember the amount of loans that we use for living expenses, for capital and other businesses. It feels heavy debt carried by us with no income and how to pay, the debt of all kinds is much here to talk about debt money is not another debt. There are a few tips so that our debt is not paid them late in the debt management premises. This debt management is not based on reference books or other people, but based on personal experience.


Take the example of borrowing money from banks for Rp.5,000,000 with a 2.5% interest per month and we take installments over 24 months means interest paid per month for the Rp.125.000 and payment must be in pay per month is 333.333.4. for debt management in this case I use the savings per day for Rp.11,111.2

By applying the savings per day for dealing Rp.11,111.2 installments per month will feel light, these tips by some people often ignore because of this negligence are often not paid off the debt. That's simple tips from me about debt management, nominally above illustration is only of course every person has a debt different.

Hopefully the above tips can provide convenience in paying your debts.

1 comment:

  1. Nice example. Its really going to add value to the strategy for paying off debt.

    ReplyDelete