You drive to the station. On the way, you drop your daughter at school. Her first lesson today is English. Her teacher is 72 year old Mrs MacDuff. You park your car and buy your weekly ticket from Alan, who has been at this station for 5 years. Alan is 68. At the next station, your good friend Margo gets on. Margo works at your bank. She is 74. But she tells people she’s 69. Before going up to your office, you buy a coffee. You’re served by Ralph as usual. Ralph has just turned 80. You’re about to get in the lift when a young punk barges past, iPod blaring, and punches the Door Close button impatiently. “Kids today have no breeding,” you think. “Can’t be a day over 50 and he thinks he owns the world.”

These days, life without a credit card would be hard to imagine. We have become so used to the convenience of "plastic", we don't leave home without it. (Sound familiar?) While you can't dispute the ease and convenience of not having to pay in cash at the supermarket, petrol pump or pub, here are some handy credit card reminders.

Do you have mounting credit card debts or a number of different loans to pay off? If you do, then debt consolidation is an option you can consider to make the process of debt repayment quicker and easier.

People borrow for a variety of reasons. But as long as they are able to meet repayment obligations, things are fine. Trouble erupts when commitments go awry and payment defaults occur.

Would it make sense to state that some of the best debt repayment advice is the wrong advice? It seems strange, however it is often true. Many financial planners and other financial experts will advocate paying off your debt by tackling the lowest-balance credit card first... regardless of rate. This is technique is known as the debt snowball method.

Here is why so many people are in despair and suffering emotional problems related to debt. A candid explanation of how interest affects your daily life.

Losing sleep from too much debt? Learn how to pay off your credit card bills faster!

Anyone who has ever had to pay off a mortgage will tell you they would love to pay it off before the term, but most people will continue to chip away at their loan on autopilot. A proactive strategy can cut your loan term from 30 years to less than half in some cases. Here are 10 ways to own your home sooner.

With summer coming up, some of us are braving the high fuel prices and driving to family gatherings or favorite vacation spots. What route would you take? Any experienced road traveler will tell you that there are two ways to go: the quick way and the enjoyable way. The quick way usually involves marathon sessions behind the wheel, aggressively passing as many RVs as you can, and using the freeways to get to the destination in the quickest time possible. I've done it, and found that I need an extra day just to recover from the stress of the journey.

Whether you are in a committed relationship or are a happy single person, you should make it a top priority to understand your finances. This article will highlight some of the key points that you need to understand to take control of your finances and your financial goals.

An online savings account is critical for managing your finances. It offers a good place to keep your savings and is also a good way of earning extra easy money on your cash balances.

Throughout the life of a mortgage people’s situations do change. As a result is it is always wise to get a regular ‘health check’ on your existing mortgage to see it is still relevant to your circumstances and up to date compared with other products on the market.

Some people see debt as a curse, and other people see it as a friend. It can be used to make you miserable, or it can be used to make you wealthy beyond your wildest dreams. The trouble is, how do we know what is good and what is bad?

There may come a time in your life when you are asked to co-sign for a loan or credit card. If this is the case, there are several things to consider before making a final decision. Technically, you are putting yourself at risk of damaging your own credit, in the event that the loan goes unpaid.

Having a bank that meets all of your financial needs is an asset that many people don't appreciate. If you have a bank that doesn't meet all of your needs, however, it's pretty easy to tell. In order to get the most out of your bank, you may need to investigate the services that your current bank offers, or you might have to find a new bank entirely that offers the services that you need.

Felt by many home buyers, the current interest rate level has sure applied pressure..., but was it necessary - asks Robert Projeski, managing director of Australian Mortgage Options.

If you have found yourself in a position where you are in serious debt and cannot think of a way out of the situation, then take a few minutes to read the following tips. Some may seem obvious, but do put them into practise as they will help.

Here are five of the worst mistakes most credit card holders make. If you can avoid these mistakes, you will benefit greatly.

Credit plays a dual role in our society; sometimes a lifesaver, and at other times a murderer. Trying to float above imminent economical disaster is a daily exercise for the majority. So, credit companies often seem to be our rescuer, offering attractive interest rates, interest-free repayment periods and extended credit limits. But, what they don't tell you at the time you apply for credit could be the knife edge you've been trying to avoid all along.

A good credit score speaks volumes about your financial habits. It's the evidence most creditors need to evaluate your credit worthiness. Interestingly, there are some credit killers? that even people maintaining good credit scores would unwittingly be a part of, which will be their undoing when applying for credit facilities in the future. These mistakes may seem to be insignificant, but when the time comes, you may face more problems than you expect.