The reason for this is that, if u are spending your entire paycheque every pay period and a financial emergency happens to come up, how are u going to pay for it? The answer is usually ‘credit card’ and, as we know, using credit cards to pay for things u can’t afford is often one of the first steps towards debt accumulation. At Cambridge Life Solutions, after we have helped our clients eliminate their debt, we encourage them to establish a system that will prevent them from ending up in the same position a few years down the line. In order to achieve this, it’s important to get...
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