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How to Handle Unexpected Expenses
Written by Tim Peak on May 5, 2011.
As much as you try, you can’t predict every single expense you’ll have. But, since we know unexpected expenses will come occasionally, we can set up a savings account known as an emergency fund to pay for these expenses. The key to a useful emergency fund is to set it up ahead of time so the money is there when you need it.
The good thing about an emergency fund is that it keeps you from having to use a credit card or expensive payday loan to cover unexpected expenses. You spend money you already have instead of spending money you’ll have to eventually pay back.
If you have to use a credit card to cover an emergency, use a card with the most available credit and the lowest interest rate. Pay back the balance as soon as possible to avoid debt and finance charges.
Image: Steven Puetzer/Getty Images
Similar Posts:
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- What is the Discover card’s grace period?
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Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
How to Handle Unexpected Expenses
Written by Tim Peak on May 5, 2011.
As much as you try, you can’t predict every single expense you’ll have. But, since we know unexpected expenses will come occasionally, we can set up a savings account known as an emergency fund to pay for these expenses. The key to a useful emergency fund is to set it up ahead of time so the money is there when you need it.
The good thing about an emergency fund is that it keeps you from having to use a credit card or expensive payday loan to cover unexpected expenses. You spend money you already have instead of spending money you’ll have to eventually pay back.
If you have to use a credit card to cover an emergency, use a card with the most available credit and the lowest interest rate. Pay back the balance as soon as possible to avoid debt and finance charges.
Image: Steven Puetzer/Getty Images
Similar Posts:
- The Credit Card Payoff Debate: Highest Interest Rate vs. Lowest Balance
- What is the Discover card’s grace period?
- How to Stop Living Paycheck to Paycheck
- 3 Car Insurance Add-Ons You Should Consider Dropping
- Pay Tips With Cash, Not Credit Card
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How to Handle Unexpected Expenses
Written by Tim Peak on May 5, 2011.
As much as you try, you can’t predict every single expense you’ll have. But, since we know unexpected expenses will come occasionally, we can set up a savings account known as an emergency fund to pay for these expenses. The key to a useful emergency fund is to set it up ahead of time so the money is there when you need it.
The good thing about an emergency fund is that it keeps you from having to use a credit card or expensive payday loan to cover unexpected expenses. You spend money you already have instead of spending money you’ll have to eventually pay back.
If you have to use a credit card to cover an emergency, use a card with the most available credit and the lowest interest rate. Pay back the balance as soon as possible to avoid debt and finance charges.
Image: Steven Puetzer/Getty Images
Similar Posts:
- The Credit Card Payoff Debate: Highest Interest Rate vs. Lowest Balance
- What is the Discover card’s grace period?
- How to Stop Living Paycheck to Paycheck
- 3 Car Insurance Add-Ons You Should Consider Dropping
- Pay Tips With Cash, Not Credit Card
Post Comment
How to Handle Unexpected Expenses
Written by Tim Peak on May 5, 2011.
As much as you try, you can’t predict every single expense you’ll have. But, since we know unexpected expenses will come occasionally, we can set up a savings account known as an emergency fund to pay for these expenses. The key to a useful emergency fund is to set it up ahead of time so the money is there when you need it.
The good thing about an emergency fund is that it keeps you from having to use a credit card or expensive payday loan to cover unexpected expenses. You spend money you already have instead of spending money you’ll have to eventually pay back.
If you have to use a credit card to cover an emergency, use a card with the most available credit and the lowest interest rate. Pay back the balance as soon as possible to avoid debt and finance charges.
Image: Steven Puetzer/Getty Images
Similar Posts:
- The Credit Card Payoff Debate: Highest Interest Rate vs. Lowest Balance
- What is the Discover card’s grace period?
- How to Stop Living Paycheck to Paycheck
- 3 Car Insurance Add-Ons You Should Consider Dropping
- Pay Tips With Cash, Not Credit Card
Post Comment
How to Handle Unexpected Expenses
Written by Tim Peak on May 5, 2011.
How to Handle Unexpected Expenses
Written by Tim Peak on May 5, 2011.
As much as you try, you can’t predict every single expense you’ll have. But, since we know unexpected expenses will come occasionally, we can set up a savings account known as an emergency fund to pay for these expenses. The key to a useful emergency fund is to set it up ahead of time so the money is there when you need it.
The good thing about an emergency fund is that it keeps you from having to use a credit card or expensive payday loan to cover unexpected expenses. You spend money you already have instead of spending money you’ll have to eventually pay back.
If you have to use a credit card to cover an emergency, use a card with the most available credit and the lowest interest rate. Pay back the balance as soon as possible to avoid debt and finance charges.
Image: Steven Puetzer/Getty Images
Similar Posts:
- The Credit Card Payoff Debate: Highest Interest Rate vs. Lowest Balance
- What is the Discover card’s grace period?
- How to Stop Living Paycheck to Paycheck
- 3 Car Insurance Add-Ons You Should Consider Dropping
- Pay Tips With Cash, Not Credit Card
As much as you try, you can’t predict every single expense you’ll have. But, since we know unexpected expenses will come occasionally, we can set up a savings account known as an emergency fund to pay for these expenses. The key to a useful emergency fund is to set it up ahead of time so the money is there when you need it.
The good thing about an emergency fund is that it keeps you from having to use a credit card or expensive payday loan to cover unexpected expenses. You spend money you already have instead of spending money you’ll have to eventually pay back.
If you have to use a credit card to cover an emergency, use a card with the most available credit and the lowest interest rate. Pay back the balance as soon as possible to avoid debt and finance charges.
Image: Steven Puetzer/Getty Images
Similar Posts:
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- The Credit Card Payoff Debate: Highest Interest Rate vs. Lowest Balance
- What is the Discover card’s grace period?
- How to Stop Living Paycheck to Paycheck
- 3 Car Insurance Add-Ons You Should Consider Dropping
- Pay Tips With Cash, Not Credit Card
- Life After Debt
- Credit card consumers should set up direct debits
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