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	<title>Lallmatie.com Blog &#187; credit</title>
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	<link>http://lallmatie.com/blog</link>
	<description>Not rants, these are things that must be told!</description>
	<lastBuildDate>Mon, 21 Nov 2011 19:36:20 +0000</lastBuildDate>
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		<title>Bad Decision &#8211; Allowing less credits to promote from SC to HSC</title>
		<link>http://lallmatie.com/blog/2011/01/29/bad-decision-allowing-less-credits-to-promote-from-sc-to-hsc/</link>
		<comments>http://lallmatie.com/blog/2011/01/29/bad-decision-allowing-less-credits-to-promote-from-sc-to-hsc/#comments</comments>
		<pubDate>Sat, 29 Jan 2011 15:58:03 +0000</pubDate>
		<dc:creator>bhoot</dc:creator>
				<category><![CDATA[Lallmatie & Mauritius]]></category>
		<category><![CDATA[bad]]></category>
		<category><![CDATA[chance]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[decision]]></category>
		<category><![CDATA[education]]></category>
		<category><![CDATA[fail]]></category>
		<category><![CDATA[hsc]]></category>
		<category><![CDATA[minister]]></category>
		<category><![CDATA[mitd]]></category>
		<category><![CDATA[opportunity]]></category>
		<category><![CDATA[pass]]></category>
		<category><![CDATA[sc]]></category>
		<category><![CDATA[students]]></category>
		<category><![CDATA[tertiary]]></category>
		<category><![CDATA[vocational]]></category>
		<category><![CDATA[wrong]]></category>

		<guid isPermaLink="false">http://lallmatie.com/blog/?p=328</guid>
		<description><![CDATA[Among all the good decisions taken by the government these days, there comes one that goes backwards. Today the Minister of Education announced that only 3 credits [...]]]></description>
			<content:encoded><![CDATA[<p>Among all the good decisions taken by the government these days, there comes one that goes backwards. Today the Minister of Education announced that only 3 credits will be required to promote SC students to take HSC, compared to 4 credits. This is bad, because these students who did not get enough credits are wasting their time, THEY ARE NOT GOOD AT ACADEMICS &#8211; They are definitely good at doing something else. Vocational courses is the way for them. <span id="more-328"></span>Allow more entries to courses by the MITD and similar bodies, so that they can receive some tertiary education straight away. This would also be inline with the Tertiary education minister&#8217;s vision.</p>
<p>Put it simply, the system is already making failures at CPE level&#8230; Someone who is not good at studies can be good at other things e.g. you can get these people into construction indusry, arts, tourism industry and more&#8230; Why force the course of action or delay them by getting them into HSC, when they should be seeking tertiary or on-the-job education. The Second Chance scheme is a helper in this but contrary to the decision of allowing only 3 credits to take HSC&#8230;</p>
<p>Related post:</p>
<p>http://lallmatie.com/blog/2010/03/24/the-ideal-education-system-for-mauritius-primary-middle-schsc-high-school/</p>
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		<item>
		<title>Why Buy-Now-Pay-Later Credit Sale Works Well in Mauritius!</title>
		<link>http://lallmatie.com/blog/2009/03/13/why-buy-now-pay-later-credit-sale-works-well-in-mauritius/</link>
		<comments>http://lallmatie.com/blog/2009/03/13/why-buy-now-pay-later-credit-sale-works-well-in-mauritius/#comments</comments>
		<pubDate>Fri, 13 Mar 2009 10:08:37 +0000</pubDate>
		<dc:creator>bhoot</dc:creator>
				<category><![CDATA[Finance & Stocks]]></category>
		<category><![CDATA[Lallmatie & Mauritius]]></category>
		<category><![CDATA[advice]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[interest]]></category>
		<category><![CDATA[pay later]]></category>
		<category><![CDATA[payment]]></category>
		<category><![CDATA[procrastinate]]></category>
		<category><![CDATA[queue]]></category>
		<category><![CDATA[wait]]></category>

		<guid isPermaLink="false">http://lallmatie.com/blog/?p=60</guid>
		<description><![CDATA[I have just been to the CEB in person, to pay for the corrected bill and imagine my bad luck that there&#8217;s a long queue&#8230; Yeah, it&#8217;s [...]]]></description>
			<content:encoded><![CDATA[<p>I have just been to the CEB in person, to pay for the corrected bill and imagine my bad luck that there&#8217;s a long queue&#8230; Yeah, it&#8217;s the deadline today&#8230; So many people wait for the last moment to do their things&#8230;</p>
<p>A similar long queue was shown on TV for last year&#8217;s income tax deadline. Why do people have to wait for the last moment to make their payments? Of defer payment? I&#8217;m sure a lot paid late payment fees, both for the CEB and income tax&#8230;</p>
<p>Personally, I like to pay my bills as early as possible, and not buy on credit: it&#8217;s bad. It keeps your head worried so as when I&#8217;m doing to do it, makes you pay interest if you go past the deadline&#8230; and worse&#8230; credit sales have huge interest associated with them. Pretty normal, since the shop wouldn&#8217;t be making profit instantly with a credit-sale, so it has to charge extra!<br />
<span id="more-60"></span><br />
Interestingly, many people don&#8217;t realise that. &#8220;Non, mo pu paye TV la li doucement doucement,&#8221; some say, and end up paying as much as Rs 20k for a 15k TV. It&#8217;s just an example&#8230; Some might say that you have zero interest on Credit Cards if you repay back in 50 days or so&#8230; Interesting&#8230; I have been using credit cards&#8230; Bad thing to take credit&#8230; Financial Gurus will tell you the same thing. So the only reason I use them now (and originally intended to) is for shopping on the Internet!</p>
<p>So people, it&#8217;s better to save and buy your stuff in cash! Say, some give discounts for cash payments (well, you might also take a bank loan, do your own business etc..)&#8230;</p>
<p>&#8220;Yes, I know that,&#8221; you might say, as well as keeping to buy on credit, or to procrastinate&#8230;</p>
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