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16 Mar 2009

The curse of financial crunch and the remedy

Financial crunch on America today is a must if not now then in the feature, unfortunately it is happen here in our generation. America government allows Americans to enjoy the comfort they can not complete working for in 40-50 years of their lives.

When you earn 25 dollars per day at the end of the month you are earning 750 dollars a month, in other words, you are making 9000 dollars a year. Form this money you will pay your bills, tax, feeding, clothing, to mention but a few. You will agree with me that at the end of the month you might not be able to save 300 dollars of your 750 dollars. He may likely save 3600 dollars in a year.

For some body who earn such amount of money, you are living in 200,000 dollars house, riding in 50,000 dollars car, keeping a 2000 dollars pet, all coming through loans. Using the income to judge your comfort, it will take the person the next 60-62 years to work for the comfort he is enjoying right now.

One question is that? How on earth will the company meet up to reproduce? If one person is holding a cash to work it out in 60 years? There is band to be a crunch. All this while American has been struggling to meet up but now it has gone beyond the power of mare struggling and people should learn how to cut their coat according to their cloth.

The major remedy out of this is a payday loan. If you are in immediate need of cash you can take a payday loan and pay back after your payday. You will live a ore more assure life. A credit free life.

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