You read in Chapter 13 that it is vital toreduce your credit card balances and other consumer credit before beginning aninvestment program. You also need to start an emergency fund in case ofimmediate need. Why do financial advisers make such recommendations? Why shouldyou reduce spending on credit before investing? Why shouldn’t you carry largeconsumer debt and invest at the same time? On the surface, these questions maysound silly but there are sound reasons for asking them. Post your position inthe discussion board in at least 200 words incorporating your rationale withsupportive references.