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What happens if, during a given year, you spend more money than you take in?What happens if you finance your overspending by running up your

What happens if, during a given year, you spend more money than you take in?What happens if you finance your overspending by running up your credit-card balance to some outrageous limit?Would you have trouble borrowing in the future?Would you have to pay higher interest rates?How would you get out of debt?

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