Communication is essential in almost all aspects of human lives in business as well as personal. One way to communicate is by telephone. With advance communication technology, many people own cell phones even those who live in poor countries including the Philippines. Even farmers, cab drivers, and fishermen have cell phones. Easy access to communication is great, for you can communicate to your love ones almost anywhere in the world. However, if you do not know how to control your long distance calls they could ruin your finances.
There are many instances people went broke because of excessive long distance telephone bills. Some of them are a lady with over $14,000.00 bill using her cell phone, another person with a bill of more than $12,000.00 and the most interesting was a woman who came to Canada on a working visa.
The employer of this lady with a working visa was a senior citizen. She was the only companion of her employer. While her employer was confined in the hospital for more than a month, she made a series of long distance calls to her love ones and friends in her home country using the telephone of her employer. The bill was almost $10,000.00. She tried to secure a loan to pay off the bill before her employer would come home from the hospital. Unfortunately, she was not able to secure a loan because her status in Canada being a working visa holder.
Not only she was indebted an amount of almost $10,000.00 on mostly unnecessary long distance calls, should her employer complain to a proper government authority concerning her behavior, she may not be able to get her permanent residence status.
All of the above individuals are examples how to ruin finances by uncontrolled long distance telephone calls.
To manage your finances, you have to control your expenses (including long distance calls) not to exceed your income. A better way to control your long distance call is to use phone cards, this way you could not spend more than the cost of phone cards.
Adam Aspilla is a Senior Financial Counselor of the Debt Clinic of Canada Inc. and the author of the book, You Can Negotiate All Your Debts. He also writes a biweekly column, “What Matters In Life” in “Taliba Newspaper. For free initial, professional and confidential consultation, please call 905-306-7572.