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Saving money


Guest Flat Eric

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My advice would be to anyone:

1) Clear your debt before saving, the amount you pay on interest on debt will be WAY more than the interest you gain on saving.

2) If you do have an excessive overdraft or credit card debt, transfer it on a free balance transfer to a card with a long term interest free period and pay it off every month, like £100 to £200.

That way its at least manageable and you're not paying for excessive interest fees.

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