{"id":65,"date":"2016-02-21T09:39:51","date_gmt":"2016-02-21T14:39:51","guid":{"rendered":"http:\/\/www.fcallc.biz\/blog\/?p=65"},"modified":"2024-11-23T08:31:59","modified_gmt":"2024-11-23T13:31:59","slug":"paying-debt-versus-saving","status":"publish","type":"post","link":"https:\/\/www.fcallc.biz\/blog\/?p=65","title":{"rendered":"Paying Debt versus Saving"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"margin: 0in 0in 10pt; text-align: justify;\"><span style=\"font-size: small; font-family: Calibri;\">During the current economic crisis, many people find themselves wondering whether it is more important to pay down debt versus building up a savings account balance.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Some of the top financial experts are recommending that people build up their savings versus paying down debt.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Suze Orman recently recommended that people build up their savings and pay the minimum balance on credit cards.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Does this make any sense to you?<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Well, let\u2019s look at it from another viewpoint.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Credit Card companies have changed many of their terms without notifying card holders.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Some are reducing credit limits and even canceling accounts.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Many people believe that they should pay the credit card debt. <span style=\"mso-spacerun: yes;\">\u00a0<\/span>Then in case of an emergency, they can use the balance remaining on the credit card. <span style=\"mso-spacerun: yes;\">\u00a0<\/span>During this current recession, you can\u2019t really depend on credit cards any more.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>And that\u2019s why it is recommended that you save first and then pay the minimum on your credit card balance.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>See the link below for Suze\u2019s expert advice.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 10pt; text-align: justify;\"><span style=\"text-decoration: underline;\"><span style=\"font-size: small;\"><span style=\"font-family: Calibri;\">http:\/\/www.suzeorman.com\/igsbase\/igstemplate.cfm?SRC=SP&amp;SRCN=suzescoop&amp;GnavID=1&amp;SnavID=134&amp;NewsID=177<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During the current economic crisis, many people find themselves wondering whether it is more important to pay down debt versus building up a savings account balance.\u00a0 Some of the top financial experts are recommending that people build up their savings &hellip; <a href=\"https:\/\/www.fcallc.biz\/blog\/?p=65\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[12],"class_list":["post-65","post","type-post","status-publish","format-standard","hentry","category-personal-finance","tag-credit-card-payment"],"_links":{"self":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts\/65","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65"}],"version-history":[{"count":2,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts\/65\/revisions"}],"predecessor-version":[{"id":471,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts\/65\/revisions\/471"}],"wp:attachment":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}