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Pauline Go

Pauline Go is an online leading expert in finance industry. She also offers top quality financial tips to investor like:
Refinance Car Loan People with Bad Credit, How To Calculate Credit Score and How To Get Out Of Debt.

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For a layman the terminology 'Recession' signifies business dropping for six consecutive months. However, the exact definition of the term would be that a recession marks a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in the Gross Domestic Product or GDP for two successive quarters. During times of recession, one notices a significant change in the lifestyle of people.

The term 'averaging down' (or dollar cost averaging) defines a strategy that involves investing additional amounts in a financial instrument or asset, if it declines significantly in price after the original investment is made.
Here are five of the worst mistakes most credit card holders make. If you can avoid these mistakes, you will benefit greatly.

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