debt

7 savvy steps to escape the credit grid

Pay yourself first
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Pay yourself first

An emergency fund is the key to making sure you won't have to run up debt on a credit card or other source of credit when an unexpected cost pops up. Taking a predetermined amount of your paycheck and putting it into a savings account automatically will help build your emergency fund and later, a long-term savings fund, says Burton.


 

 

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Debt Adviser

Don't be seduced by this debt plan

Dear Debt Adviser, I have about $50,000 of debt on credit cards. My credit rating is still high. I am thinking about a debt consolidation loan. Will that adversely affect my credit rating? -- DT Dear DT, The cliche... Read more

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