My friend who works in a bank is very careful with money. I always get his advice before I do anything that would put me in a financial risk and he never goes wrong each time.

There was once when I was looking to apply for a credit card and did not know which to choose, whoa, he told me all about the pros and cons of credit cards and told me the best cards are those that give us money back for every dollar spent!

When I wanted to get a housing loan, he was there to advise me about loans too, and I was glad that he told me not to apply for one yet while the Base Lending Rate was high.

He always has some sort of horror story to tell me from bad mortgages to lousy car insurance policies. The best advice he gave me was not to place all my money in my savings accounts but to invest them, or at least put them in fixed deposit accounts.