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Why should some body continue $step one,000 in the a low-getting savings account if you find yourself owing $dos,100000 on credit cards one fees a two fold-little finger payment rate of interest?

All of our lookup shows that keeping a cash barrier greatly reduces the exposure one a family will miss a charge for book, financial or a repeated costs, will be unable to afford enough food or might be forced so you're able to skip expected medical care in the next six months.