Landon McGehee's Articles in Business
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Making Your Money Work for Your Future
An emergency fund is more like a savings account. Emergency funds give you additional buying power when your income is low, or when you have run out of money. For example, if you have a home, and your furnace breaks down you need money to fix the furnace, this is a good example of when an emergency fund would come in handy. It is difficult to wait until next payday to fix the furnace when it is cold outside and the children are shivering.
Tips for Surviving Credit Card Debt
Debt from undisciplined and irresponsible credit card use is a big problem across the world as the economic climate makes consumer come face-to-face with their debt. For some their debt is not from frivolous spending but a medical emergency or some unforeseen event, but most people with credit card debt find themselves dealing with the stress and burden of debt because of unwise spending or use of their credit cards.
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