We’ve heard the stories before; a couple with average income who managed to rack up $200k in consumer debt, a guy who had to declare bankruptcy due to overspending or a woman who toted a Gucci handbag while lining up for the meal van. These stories are run on various TV shows, magazines, newspapers...
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Archive for December, 2009
Is Frugality the New Superiority?
Cash Reserve or Emergency Fund?
One of the most supported strategies in personal finance is to build your emergency fund. The idea is sound; your car might decide to retire, the kitchen might nag for more attention and your government might decide to switch off the analogue signal and force you to buy a digital TV or a set...
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