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What is the best credit card out there for a single person who just needs one for emergencies but probably wouldn't be able to pay the whole monthly balance off each month?
Betsy
Betsy,
There is no good credit card and certainly not
for someone who won't be able to pay it off. If
you play with snakes you will be bitten, and having
credit cards is playing with snakes. First do
a written budget. Most people who start following
a budget each month tell me they feel like they
got a raise. Use cash to cover your emergencies
instead. If you're struggling to fund your emergency
fund, have a yard sale, temporarily get a second
job -- do whatever it takes to save this money
so it's there for you when you need it.
| -- Posted: March 24, 2008 |
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