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How has the mery go around impacted your financial life?

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Stardom22

Stardom22

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Nowadays people put the financial resources together and participate on merry go around groups whereby a group of people contribute an equal amount of money and give each other in turns for the purpose of supporting and uplifting the financial status of each member.
What is your experience with that?
 
I have never tried this before, though we have a lot of them around me. I still find it hard to trust them and I have never had a reason to join.
 
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