Travel Funds

Sometimes I used to wonder how some lower income level earners in my office could afford to go for expensive holidays especially since they still had school going children who would definitely need the money for their school expenses and books. Later I found out that some of them were actually living beyond their means by using payday loans to help themselves meet their monthly expenses while being able to travel on holidays as well. I was surprised to hear that as I’m very prudent by nature and wouldn’t dream of taking on loans if I didn’t have to. As it is, having a housing loan to my name is already tough enough! What more additional interest payments on payday loans?! Personally, it’s always better live within your means and spend only what you have. Life’s too short to be living in debt to others and there’s always a lot of risk if interest rates could move the wrong way.