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Anonymous Posted 16 years ago
ESL

Credicard

Some people think that borrowing money from the bank is easy and convenient, so they spend as much money as they like. They buy a lot of famous brand products and expensive things that they don’t’ really need. In fact, the bank will lend them money just because they have to pay much more money than they get from the bank. The longer they borrow the money, the more money they have to pay back. As for credit cards or cash cards, the bank will ask them to pay more money than it lends to people. For example, if a man borrows one thousand dollars from the bank with a cash card, what will happen to him? Of course, he has to pay it back to the bank on time. If he doesn’t, he will have to pay more than 120% or more because of his delay. But most people don’t think it’s a big deal and don’t want to play it back as soon as possible. At last, they find that it is too late and too much for them to pay. No matter how hard they work, it is impossible for them to return all of the money to the bank in their lifetime. So, what can they do? A few of them choose to kill themselves, but their family still have to pay the money back for them. So, be careful—do your best to manage your money. But a smart money master, not a silly card slave.
  
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