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You should never treat credit card as an emergency fund

You should never treat credit card as an emergency fund

Saturday, July 15, 2017, 6:01 PM

An emergency fund is a separate balance of money which prudent investors keep aside to tackle sudden costs. If you rely on credit card for emergencies and are not able to garner sufficient funds to pay the total amount due on the card on its due date, the interest that’ll show in your statement can cause a huge burden.
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