Friday, October 17, 2008

How to Survive the Next Depression

Liz Pulliam Weston's advice-grow up!

It should come as no surprise that her second tip is to-wait for it-eliminate credit card debt. "Credit card debt is expensive and leaves you vulnerable to the ever-changing whims of credit card companies, which have been raising interest rates with abandon," she writes. She also offers up some other strategies, like having an exit plan and accumulating savings. She also mentions that old school tricks like planning meals are a small but easy way to save. Maybe I was onto something after all...


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