Loans Debts And Students
Archive for December, 2009
Thailand: My First Night in Pattaya
Dec 19th
It was seven-ish and I was sitting in a pleasant-enough room overlooking the front doorway to the pub above which I had just moved in. The pub was the Pig and Whistle on Soi 7 in Pattaya. Across the lane was a big hole, which they were hoping to construct a hotel in and next door to that, right opposite me, was a tiny bar with one woman sitting on a stool outside it. Not that there was a wall there, it was open on two sides. The Soi was nice and quiet, I thought. I also thought that I might go and sit in that little bar and talk to that woman, if my friend was late, because I would surely see him arrive from two metres away, the width of the Soi.
So, I went to the bar in the pub at 19:15 to await my friend who said he would arrive at 20:00. It was much busier than thirty minutes earlier but not noisy and I sat at the bar. The first thing a barmaid did was say hello, give me a menu and step back. I did not really want to eat, I only wanted a beer as I assumed we would be eating together later, but I wanted to read the menu anyway.
‘A pint of Boddington’s', I said. It arrived and the girl began laying a place for me. I tried to say that I was not hungry, but it was no good. Like in Spain, most people eat and drink at the same time. All the while the girl was smiling at me. Then she said: ‘You have room upstairs? My name Charli. What you want to eat?’. So, I gave in and ordered something and rice.
‘You first time in Thailand? You no can eat. Too spicy’, she said with a grin. ‘Oh’, I replied, ‘but I want to try. ‘I put only 50-50 for you’, she declared and went.
I battled my way through that meal and it took a Boddingtons and a bottle of water. Charli had been right, it was too hot for first-time foreign visitors and she had reduced the chilis by 50%. I have always heeded a Thai’s counsel on food ever since.
I changed seat to by the window to see what was happening as it was dark by 19:30 and I was curious. Within thirty minutes Soi 7 had changed completely. I could see hundreds of girls and tourists milling about. I wanted to go out and join in or at least sit in the quiet bar across the way, but I’m embarrassed to say that I was too frightened, so I sat put, rivetted to the Pig like a rabbit in a hunter’s flashlight.
My friend walked in on time and after we had been talking for an hour, he said: ‘Drink up, I have someone I want you to meet’. This was it, we were going into that mele. A waitress opened the door for us and the noise and the heat were terrific. Particularly the din. Every metre at least two or three girls would yell: ‘Hello, sexy man, you want a drink’. Trying to say no courteously to each invitation was out of the question, so I just stuck close by to my pal.
Luckily, we only had about fifty metres to stroll and we sat down in another bar. My friend said hello to several ladies and then said, this a girl I have been going out with for some time. I was astounded as I had never heard him talk about her, ever. She was gorgeous, but could not speak English, so I sat in the pandemonium in silence. Not for long through, as my friend said, I have a blind date for you and he introduced another girl to me who was equally beautiful, but with whom I could speak a little. She was captivating and I was captivated. The pandemonium seemed to pass away, but it was only because I was listening to my new friend. The four of us had the best time and the best food I had ever had in my forty-nine years of existence.
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How to Avoid Debt
Dec 18th
You might have read several books and articles about how you can get out of debt. However, prevention is always better than the cure. Hence, it is better to stay out of debt than to get into debt and then wonder how to get out of it. Here are a few very common things that you can do to stay out of debt.
First, you need to understand the role that personal finance plays in a successful life. If you are not able to manage your finances then it will be difficult to do pretty much anything.
You will find that not many high schools teach their students about how to handle their finances in spite of the fact that credit card companies send them cards as soon as they graduate. I believe the lack of understanding to manage your finances is a key factor in causing you to land in debts.
Secondly, you need to understand the principle of saving instead of borrowing. People have grown used to using credit cards when they want something and pretty soon all of this goes out of hand and you realise that those extra trousers, or that holiday has landed you in a deep debt.
If you want to enjoy something then save for it first and then, you can enjoy it fully. It is easier to borrow than to save. Saving will require discipline as well as time. However, you will not regret your holiday if you have saved for it.
Third, is to beware of being enchanted and entrapped by the methods of advertising. The advertising industry feeds you daily with thousands upon thousands of images that convince you that you do not have so many things or that you need all of those things. While you could some of those, you certainly do not need most of them.
Hence, learn to make the right decision. A good way is to let the matter rest for a while before making a purchase. Time will allow you to make a good decision.
Finally, make wise choices about where you make your purchases from. There are several options to any goods and if you will look harder, you will easily find the cheaper option. For example, you will certainly find some good deals at some thrift store compared to a mall.
Simply because everybody uses a credit card when they need something or takes a loan when they spot something they desire, does not mean that you need to do the same thing. You do not have to follow the crowd in this. You should do it as it seems best for your financial future and not as the others are doing.
In conclusion, being and staying debt free is more of a lifestyle choice than anything else. It is all about making the right choices. With time, however, you do realise that these healthy financial choices give you the freedom of being debt free.
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Federal Student Assistance Programs
Dec 17th
There are many different types of loans that pupils can apply for, but it is commonly accepted that funds available from the Federal Student assistance plan are the most dependable. Without doubt, the student assistance program that is obtainable from the federal government is the one that will prove to be the safety net you can rely on. However, there are a number of diverse kinds of federal financial aid that you should look into, before applying for the one that applies to you the best.
When you are researching these different plans for federal student aid, you will need to see what the terms and conditions are for these federal student aid packages. The most important part of any student loan is the part that details your plan’s repayment conditions of the loan. This is of the utmost importantance because you can face serious legal consequences, if you default on your loan repayment.
It is because the vast majority of the people who go in for federal student aid are young high school pupils that the information for these different plans can be found in the local high schools. You should be able to acquire the information you need from your community library and from your chosen college or university too. A quantity of of these application forms are also increasingly available on the Internet too.
You should take a good look at the information that is contained in the federal student assistance plans and acquire a thorough knowledge of the conditions, before you attempt to fill out any application forms. Some of these federal student aid forms will offer an additional benefit, if you apply for the assistance online, because you are saving the government money. This bonus can be that you will obtain verification of your loan approval (or not) within a few minutes.
Within the federal student assistance organization, you can choose to use your school financial package too. If you are planning on going down this route, you should ckeck how the combination of these two kinds of plans might affect your re-payment capabilities. You should ask at your college’s financial office about the terms and conditions you will need to abide by.
Although being in receipt of these kinds of federal student assistance can be a great life saver, there are circumstances where you may not get any assistance at all. This is all depends on the distribution system that is in place. In some cases, especially when money is tight, the federal assistance people have applied for is given to the pupils who need this money the most. You can however re-apply to get the assistance next time around. It is not much of a consolation be be told to re-apply next year, but maybe if you apply at the earliest possible moment, you will run a better chance of getting your loan.
There is one essential fact that should be mentioned about the various kinds of federal student aid packages. Some of these aid plans such as that of FAFSA require that you apply anew each time you require to have financial assistance provided. For this motive you should look for this information before you actually apply for the loan.
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