A talk with the relatives
Posted by Adie on March 27th, 2009. Filed under: Family Matters.Amidst the chaos that was the birthday party that I attended this afternoon, I got to talk with some elders about the financial crisis that’s affecting the whole world today. Of course, they are all worried. I am worried myself. Most of the people I talked to this afternoon are breadwinners of their families. Some are housewives. Making both ends meet is their expertise. Now, it seems that all of us are having problems making ends meet.
One aunt of mine was thankful for the credit cards that she and her husband have. They rely on credit cards when they are short on budget. It was a big help. One even has a cash back bonus that they were able to use a few weeks ago.
An uncle is relying on his gas credit card when his monthly allowance is not enough. Instead of paying for it in cash, he uses his credit card. His cash he gives to my aunt who uses it for daily needs. Of course, the use of credit cards should be handled responsibly. One could get neck-deep in credit card debts if one doesn’t know how to handle it.
In these times, wise decisions and smart moves will keep us all afloat. That’s our conclusion after everything we’ve talked about.
