Trap, accounts suck I don’t want to hear about them
Most people do say that. During my time at Edgars as a financial consultant, I approached people and help them to open new accounts. My salary depended on the accounts that I make (commission). I came across with lot of people who had enough of accounts; they want to close what they already have because they are in debts or just can’t pay what is expected of them to pay.
The is one thing I have noticed, it is that they get excited when they get too much credit, and take everything, even the things they do not need. I was talking to one lady the other day, she took a jacket, it was pretty small to her, but she took it, because it was on sale.
That is the reason why our people end up in debts cancelling, or blacklisted. We buy things we do not need because we can and struggle to pay back, its not because they do not know that they will still need to pay the debts, but the excitement that comes when their accounts are approved makes things look unreal and, taking taking and taking without paying and even better, they get R500 free voucher, when the take for R1600 or more. But the tricky part about that R500 voucher is, you can’t take things that are on sale or cell phone, once you take a phone that R500 automatically end once you take a phone.
The real problem is not furniture or clothing stores, it is the matter of discipline, we all need to discipline ourselves to be able to move forward, having an account with credit, means you have a cash on your pocket, even if you were able to wear your old nice clothes in a party, because you have your credit on your account, you’ll be tempted to take new stuff.
If you know you not differ from the rest of South African, you struggle with self control, then accounts are not for you, continue using cash, then you’ll be a better person, that will be free from debts, phone calls from stores and you’ll be defiantly free from switching off your phone at the end of the months because you know private is going to call.
