The evils of credit cards? Not if one knows how to manage it wisely. In my opinion, a credit card is not something of a luxury but something which can be of good use and can be put to good use for the benefit of the card holder. I do carry credit cards and I do carry them for certain purposes. As you read on, you will see what benefits I get from having a credit card at hand. It goes without saying that most of these benefits would only be enjoyed at its optimum provided you are able to manage the cards wisely.
Small and Handy
I would prefer carrying a credit card with me, which is equivalent to the size of my business card, compared to carrying plenty of cash around and risk being robbed of all the cash. Even if you are robbed of your credit cards, your liability is limited if you notify the credit card issuer immediately. On a worst case scenario, it works as a cash advance card but notice that I said worst case scenario because you wouldn’t actually want to utilise cash advance if you can help it because the rates are a killer.
A credit card helps to consolidate your purchases and spending into one monthly bill. You can choose to pay your recurring bills like utility bills and insurance premium through direct debit from your credit card and thus need not have to go through a few payment processes. Read more
Firstly, my condolences to the families of Lee Nian Ning, Mohd Zailani Mustafa and Pang Poon Eng who perished in a recent bus crash which shocked the nation. In the horrific bus crash on 25.01.2008, 24 other passengers were also reported to have sustained injuries arising out of the crash. Many bloggers have written to convey their condolences and outrage over the bus crash – what more when they discovered through news reports that the bus driver, who escaped with injuries, had 13 outstanding police summonses issued against him. There is an ongoing effort to collect evidence and gather witnesses and victims together to file a claim against the bus company involved for the unnecessary deaths and injuries.
Based on whatever little information on Nian Ning that is available on the net and through the mainstream newspapers, I gathered that she was 21 years old at the time of the accident and was an medical undergraduate in the University of New South Wales under the Public Services Department scholarship. I presume she is still single and was not gainfully employed at the material time of the accident.
I believe that it would not be difficult for the family of Lee Nian Ning to establish legal liability in a civil suit against the driver of the ill-fated bus for negligence in controlling the bus. The bus company, as the employer and owner of the bus would be vicariously liable for the actions of the bus driver. As a passenger in the said bus, it could hardly be said that she had contributed to the accident. Therefore, the establishing of legal liability on the part of the driver and bus company should be the least of the family’s concern. Read more