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The Reasons Why You Should Have an Emergency Fun

While it is always a good idea to have an emergency fund, keeping money in a savings account while you have debt on a credit card doesn't make financial sense. Regular saving accounts earn very little interest, while the interest rates on credit cards average 13 percent. Using your saving account to eliminate debt means that your money is working harder for you. You'll save a substantial amount on interest and will be closer to wiping out your debt completely. Just be sure to leave enough in saving to cover basic emergencies.

The Hamptons on Heron Bay Apartments in Coral Springs, Florida goes above and beyond to improve your daily lifestyle with our spacious floor plans, unparalleled amenities, and incomparable customer service. We hope these tips will inform, educate, and ultimately, provide you with a better way-of-life.

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