Wednesday, October 3, 2007

Financial Self Control - Pay As You Go Phones And Rechargeable Debit Cards

These items are useful for those who have a problem with maintaining their finances and it’s becoming a rapidly growing financial education tool since many people who screw up their credit can’t get a mobile phone with a contract or a credit card and this is a result of poor financial management and this is one of the things that someone who’s an expert at managing money can tell you that this is good means to retrain someone who needs to be schooled in money management and living on a set budget. The expense of keeping the phone and card charged up is enough to make someone with a problem with managing finances to learn about actually saving their money and living on a budget so they can make their bills each month and they’ll have to pay a hefty price to get their credit back in order to get a phone and a credit card.

People who don’t learn how to keep their money in order will eventually get to the point that they can’t even get anything if they’re not credit worthy and that’s why it’s become almost necessary to be educated on being financially stable and responsible. It didn’t become ideal to have a pay as you go phone until the percentage of people who don’t have a creditworthy record could really get anything not even a cell phone. This is actually a wise training tool to educate the folks out here that are not financially sound. Now its to the point that parents can actually get one of those phones for their kids through Disney Mobile so that they can’t run up the bill and the parents can put restrictions on how much time is used and when the phone can be in operation and how much minutes can go on it .

This is another thing that’s next to Rocketcash that gives parents the ability to educate through rationing so that kids can’t run up bills or waste money on stuff unnecessarily and this is another learning tool for kids to get a concept of using something wisely because when you’re budgeting money kids don’t have to think about a budget when they’re not working for it and that’s where kids learn is through rationing. Rationing is a more realistic approach to financial education because it teaches you not to be financially irresponsible and wasteful. When you don’t have a lot you are less likely to be wasteful and that’s what it feels like to get a self-lesson in financial education. Some people will learn eventually to save money when they get a hard financial reality check/educational presentation on how valuable your money really is. If anything will be learned out of this is that it doesn’t pay to ignore those who are experienced in handling money and giving sound financial education advice to where it’s going to help you out of a jam if you apply just some common sense and logical spending habits you won’t face a difficult jam financially.

Source:
http://ezinearticles.com/?expert=Stefan_Ringgenberg

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