Monday, April 12, 2010
Save Money or Keep Debt?
All of the stock market headline of news sites today, such as "the stock market raises the debt" and the "market response to reduce the use of credit cards. In other words, investors want others to buy things, not paying their debts.
For me, this is a very short term way of thinking. People with plenty of credit card debt cost a lot of when run-up, but then crash and burn. People do not worry about spending more money on debt for a long period of time, not at the end. I'd rather have a warm sustained for a long time more than a red-hot economy is a short period of time. Let's not let the Chinese savers to buy anything.
Raissa is one of the owners of http://www.taocredit.com/fair-credit-14.htm and believes that everyone should have a credit card and use them responsibly. That is why you will not only find the good credit credit card offers on our site but great articles and advice for using them wisely.
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