Most people spend more time planning their vacations than they do managing their finances. The fact is we have to be responsible borrowers. Credit after all is a previlege, not a god-given right.
Abuse it and lose it. The first thing most people have to do is learn to lived within their means. It seems like every time we do consolidation loans for people the first thing they do is run out and buy a new vehicle. At that point you have effectively back-filed all the savings you just got and now there is no where to go!
I try to educate my clients as to how credit works and what dir, di and some of the industry jargon mean to them in their daily lives.
