Thursday, July 16, 2009

How to keep yourself out of debt.

latest article on how to keep yourself out of debt.

“… Income twenty pounds, expenditure £19.90, result happiness,” declared Mr Micawber in Charles Dickens’ book David Copperfield. “Income twenty pounds, expenditure £20.10, result misery.”
This was written 150 years ago in pounds, shillings & pence and it referred to a reasonable annual income at that time. Today, we may be amused that anyone could live on £20.00 per year and, as Mr Micawber attempted, keep his family and a servant too, but the sentiment of the statement remains true to this day. If your expenditure is greater than your income then you will be in debt and anyone who has experienced debt will vouch that it is misery.

http://www.articlesbase.com/debt-consolidation-articles/how-to-keep-yourself-out-of-debt-the-debtors-top-ten-countdown-906746.html

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