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Save Money for Your Vacation

They only way for them to get out of debt is to sell their house or to consider filing bankruptcy for they could no longer qualify for debt consolidation, credit counseling or even consumer proposal for they could not meet the income requirement.

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Save Money for Your Vacation

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  1. Save Money for Your Vacation

  2. Almost every one plans a vacation if not yearly, every two years. Vacation is good for it can relax our minds and relieve us from work related stress. It is the primary reason why employers give an average of two weeks annual vacation with pay to their employees for vacation would generally increase employees productivity.

  3. While vacation is good, the unhealthy effect of vacation is it is one of the common causes of financial problem. When you go on vacation with borrowed money using your credit cards, line of credit especially if you do not make a limit on spending, the tendency is you will overspend by using your credit cards. When this happens when bills come in and you cannot pay the amount in full on due date you will be paying an excessive interest even up to 29% per annum on some credit cards. This would be the beginning where you could not easily get out of debt for your payment monthly would be applied more towards interest and only a very small portion for principal.

  4. To avoid the experience of the above mentioned-couple when you plan for a vacation, save money for your vacation expense and do not spend on borrowed money.

  5. Visit our Website for More Financial Advices! http://www.debtcliniccanada.ca CONTACT US TODAY! Call Us @ (905) 306-7572 Email Us @ adam@debtcliniccanada.ca

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