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Do you know that there are many money habits you might have which are considered illegal? Although there are fewer chances that you might be caught but the consequences of these financial habits can be harsh.

On Friday I was in Davos on a panel on the "Ups and Downs of EMU" (European Monetary Union) where ECB head Trichet, Italian Economy Minister Tremonti, a few other EU officials and myself were supposed to discuss the following questions: Will EMU collapse in the future? Which country will exit first? What will be the consequences of a break-up of EMU?

One of the reasons the reason exactly precisely the reason a person would go for a payday loan is always to fulfill abrupt financial needs. It is consequently essential that one plans on how to use the money before applying for a loan. The money should simply provide for the meant objective. A payday loan can be used to financial medical expenses, financial the fix of the family automobile or financial urgent situation.

Washington's wrangling over the debt ceiling may soon have some very real economic consequences. Banks are not amused, and they are preparing to reduce their Treasury buying in August if an agreement is not reached.

You ran of cash and have no more savings? You don't want to feel the unpaid bills' consequences? Well, apply for payroll advance. Actually, it's the fastest way to improve you financial situation.

As a consequence of the modern debt ceiling bustle, Americans can wait to a list of budget cuts, desolately referred to as severity measures at times.

The debt-ceiling crisis may affect lives of American consumers. Possibly default would have a lot of negative effects for the US. So, what would happen?