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Building an emergency fund is of paramount importance to avoid credit card debt and maintain financial stability. An emergency fund acts as a financial safety net, shielding individuals from unexpected expenses and the need to rely on credit cards for funding. By having a designated pool of savings specifically for emergencies, individuals can handle unforeseen circumstances without accumulating high-interest debt. Read More: https://knowcreditcards.wixsite.com/cardinsider/post/the-importance-of-building-an-emergency-fund-to-avoid-credit-card-debt