American poet Ogden Nash once said, “Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.”
Sadly for many of us, the joyful days of acquiring debts are long gone, and we are now trapped in a seemingly endless dark tunnel where we are attempting to settle our debts. Unlike the good times, where others were only too glad to help us spend, being in serious debt can be a very lonely experience. In truth, the only people who really want to know a debtor are creditors, and I think it would be stretching it to describe them as friends.
Financial Management is an important aspect in economic and non-economic activities because it helps in making a decision on utilization of finance and efficient procurement. While financial management has its basis on accountancy with a traditional approach, the effect of industrialization has caused an enlargement with multi dimensional and innovative functions.
Are you board with the public transport systems and want to purchase your own car? You go to office, workplace by a bus and everybody comes with their own car. Doesn’t that just make you feel bad about yourself? Well you must know buying your own car is not that hard. If you are that type of person who can not save their money and spent it all on having fun and god knows what, then you should probably take a car loan to pay buy your own car.