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Stop the debt cycle

The last thing you want is that you successfully pay your card balances, so that you are in debt again months or years later. Change the way you handle your finances and the way you think about money to keep yourself out of trouble.   Use cash only for non-essentials Reformed shopaholics traditionally cut up their credit cards to prevent further temptation, and there is good logic behind this practice. Consumers often spend more with…

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The downside to fixing the interest rate

  Interest rates are so low today and are expected to increase in the future A week ago, we wrote about how  savings economist . This is despite the fact that so many experts and bank officials want to highlight the advantage of fixing interest rates at the moment. They base their argument on the fact that interest rates are so low today and are expected to increase in the future. But who are the…

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