You readin Chapter 13 that it is vital to reduce your credit card balances and otherconsumer credit before beginning an investment program. You also need to startan emergency fund in case of immediate need. Why do financial advisers makesuch recommendations? Why should you reduce spending on credit beforeinvesting? Why shouldn’t you carry large consumer debt and invest at the sametime? On the surface, these questions may sound silly but there are sound reasonsfor asking them. Post your position in the discussion board in at least 200words incorporating your rationale with supportive references. Respond to atleast two of your classmates’ postings.