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Mike V. wrote:
"Matt Whiting" wrote in message ... What about when the A/C goes out in the house? (This is one of the times that I am glad that I rent) Refrigerator goes out? That is the purpose of saving up a small cash emergency fund. You are right, you can't predict when things like this will happen, but you can predict that they will happen so you have to plan and prepare in advance for them. Let me try to explain this to you even though you are clearly too damn stupid to understand: some people do not have enough money to get by, let alone some extra cash to set aside for emergencies. And how does spending even more money on interest and finance charges make this situation any better? If they don't have the money to set aside in advance, where do they get the money to pay the credit card bill after the fact? Yes, I really don't get it. Actually I do, but it embarrasses people when you point it out. Matt |
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