Living-Smartly.com – Being Wise, Healthy and Financially Sufficient

Good Debt vs. Bad Debt

In the past, people used to find debt as an assistance to accomplish the need or to survive at hard times. But these days, people are inviting debt at all times in their life. The lack of knowledge about how money works and lack of importance of personal finance makes people to get into debt. So, we believe that debt is good only at times in compulsion or financial difficulties

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Why People Become Spendthrift?

Spendthrift is a person careless with his money. He spends money carelessly to get instant gratification and is not worried of how his bills or debt will be paid in future. This uncontrolled spending behavior has an underlying psychological or emotional motivation. Know why people become spendthrifts in this article

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Are Chits Really Beneficial?

Today almost every middle class family is aware of chits. Most of them invest in chits thinking that they are a good investment option. In this article, let’s see whether they are really so.

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