Category Archives: Managing debts

Can Credit Card Companies Reduce Your Credit Limit Without Warning?

Your Credit Card limit defines the monthly spend threshold on your card. But what happens when your card issuer slashes your limit without warning? Let’s find out.

Financial Incest And How It Can Affect Your Children

Parents often unwittingly expose their children to their own financial troubles which leaves a lasting impact on their kids’ lives- a phenomenon, psychologist Brand Klotz describes as ‘financial incest’.

5 Tips On How To Get Out Of A Debt Trap

Borrowing is a way of life for many. However, to avoid debt trap, borrowing should be done with caution and after assessing your finances. In case you fall into a debt trap, these tips can come handy.