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Pay Off High Interest Rate Credit Cards with Savings?

September 17th, 2009 · 1 Comment · Banking, Budgeting, Credit Cards

A couple of months ago, Suze Orman advised her followers to just pay the minimum payments on their credit cards and hoard cash in order to build up an emergency savings fund. She was lambasted by critics who felt that this was an unrealistic goal with high costs.
I’m in agreement with the [...]

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