• How to determine a budget

• It plans the future
• It calculates his budget

• Card election and use

• Election of cards
• Card use

• How to administer the credit

• What is the credit?
• How to secure credit
• Sensible use of the credit
• The test of the credit

• Glossary of Financial Terms

• How to obtain financial aid

The test of the credit

It puts his knowledge in the matter of credit on approval

In each question, it chooses the answer that adjusts more to its situation.

1. When it pays the invoices normally and it amortizes the quotas of the loans or credit cards?

1. When them receipt I have/Them domiciled
2. More close possible of the date of victory
3. Sometimes I stop paying them payment takes or them

2. It is to him difficult to take care of the quotas of his loans or credit cards?

1. No
2. Almost never
3. Almost always

3. What starts off of the invoice of the credit cards amortizes every month?

1. The complete balance
2. A good part of the pending amount
3. Only the minimum

4. How much it must of the credit available in his cards?

1. Nothing. Liquid the balance every month
2. Less than half
3. Most or the totality of the line of credit

5. It knows the amount total his credits?

1. Yes
2. I have one devises approximate
3. It gives fear me to add it

Results

If the majority of their answers has been the option (a), enhorabuena; it has learned to live without leaving the budget.

If it has responded (b) to many questions, one fixes them more or less…. It reviews his budget to see where it can save.

If it has responded (c) to some of the questions, must review his financial priorities. It would have to think about:

• To elaborate a new budget that allows him to amortize its debts; it eliminates the nonfundamental games and it reduces all the expenses that can
• Póngase in contact with his (s) organization (it is) financier (s) if it cannot eliminate the payments in due course; thus it will be able to reorganize the calendar of payment of his debts
• It drastically reduces the cost with credit card; if it is precise, leaves cards in house

The bankruptcy is not a way easy to leave the debt. It will cause a period to him of difficulties and it will remain in his file of credit during many years, affecting to his capacity to obtain loans in the future.

In Aid with his finances it can find information on professional advisers.