I chose to look at the softer side of this translation, be reminded of how much God's word has influence and impact.
Ten Commandments' of avoiding the debt trap Find out the 10 basic personal finance rules to keep the debt collector far from your front-door. The Ten Commandments feature prominently in Christianity and Judaism as moral imperatives to save believers from falling into sin. Similarly, financial advisers say consumers should swear by the "ten commandments of staying out of debt" to avoid falling into the debt trap. Luke Hirst, managing director of debt counselling firm Debtbusters, shared with Business Times the 10 basic rules of keeping debt collectors at bay. 1 THOU SHALL BUDGET If you know how much you spend and where you spend it, you are less likely to fall behind on any payments that you may owe. 2 THOU SHALL NOT RIDE AN EXPENSIVE DONKEY Driving a car you cannot afford is just plain stupid. It's great to drive a flashy sports car and wear designer labels. But if you are worried about looking good in front of the neighbours, think about how silly you will look when the bank repossesses your car in the driveway while the Joneses are watching. 3 THOU SHALL INVEST SPARE COINS WISELY For most people, being unable to pay their mortgage is one of their greatest fears. To decrease the total cost of your home loan, pay extra when you can to save on overall interest costs - over a 20- or 30-year loan, the saving can be astronomical. 4 THOU SHALL NOT SWIPE NOW AND PAY LATER Credit cards are great when you can't find an ATM, but relying on them to provide you with cash you don't actually have can be catastrophic. With credit card interest rates as high as 27percent, a simple shopping spree could cost you dearly. 5 RENTING IS NOT A SIN "South Africans have a mentality that renting is a sin, but in times of rising interest rates and high food costs, the knowledge that your rent is fixed for the term of your lease is a source of great comfort," says Hirst. 6 THOU SHALL TAKE CONTROL The minute you think you may be in financial trouble, take control of the situation. Contact your creditors, get hold of a debt counsellor or re-evaluate your budget before it gets too late. 7 THOU SHALL NOT FOLLOW THE HERD With so much financial advice available, it becomes easy to read generic solutions and tailor them to your own financial situation. Get advice from a qualified expert. 8 THOU SHALL SHOP AROUND Most people have been with their banks so long that they have no idea what competitive interest rates other institutions might offer. Don't be a passive passenger in financing your home; shop around. 9 THOU SHALL EAT AT HOME Everybody likes to eat out, but it's the little things that add up when you are under pressure. 10 THOU SHALL NOT OVERPAY ON THY INSURANCE You need insurance, but you should not be paying excessive amounts for it. With so many options available, take your time to shop around. Remember, the big names don't always provide the most cost effective cover. Jabulani Khumalo I.T. SA Underwriting Agencies (PTY) Ltd. Tel: 011 777-8391 Fax: 011 777-7351 Cell: 073 290 5788 [EMAIL PROTECTED] Galatians 6 vs 9 SA Underwritering Agencies For more information on our company, please visit: <http://www.saunderwriters.com> www.saunderwriters.com LEGAL DISCLAIMER This message contains privileged and confidential information intended only for the use of the addressee above. If you are not the intended recipient of this message, you are hereby notified that you must not disseminate, copy or take any action in reliance on it. If you have received this message in error, please notify the SA Underwriters mail administrator at <mailto:[EMAIL PROTECTED]> [EMAIL PROTECTED] immediately. Any views expressed in this message are those of the individual sender, except where the sender specifically states them to be the view of SA Underwriting Agencies (Pty) LTD., its subsidiaries and associates. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "tribewithavibe" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/tribewithavibe?hl=en -~----------~----~----~----~------~----~------~--~---
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