When trying to create or manage your wealth, debt always seems to find its way into the equation. In today’s world where instant gratification is encouraged and the norms of what one should possess is dictated by repetitive advertisements selling western ideals, many have fallen into the trap of buying now and worry later.
As we face the challenges that abound in this ‘day and age’, the need to have a sound financial plan has now been brought to the forefront. With the instances of high prices and unemployment it cannot be business as usual. Governments worldwide are creating plans to find ways to prevent additional fall out.