A similar long queue was shown on TV for last year’s income tax deadline. Why do people have to wait for the last moment to make their payments? Of defer payment? I’m sure a lot paid late payment fees, both for the CEB and income tax…

Personally, I like to pay my bills as early as possible, and not buy on credit: it’s bad. It keeps your head worried so as when I’m doing to do it, makes you pay interest if you go past the deadline… and worse… credit sales have huge interest associated with them. Pretty normal, since the shop wouldn’t be making profit instantly with a credit-sale, so it has to charge extra!

Interestingly, many people don’t realise that. “Non, mo pu paye TV la li doucement doucement,” some say, and end up paying as much as Rs 20k for a 15k TV. It’s just an example… Some might say that you have zero interest on Credit Cards if you repay back in 50 days or so… Interesting… I have been using credit cards… Bad thing to take credit… 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!

So people, it’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..)…

“Yes, I know that,” you might say, as well as keeping to buy on credit, or to procrastinate…

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