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Avoiding Financial Setback Recap

May 15, 2008 – 11:00 am

Over the past month now, I’ve been displaying a series of posts on how you can avoid financial setbacks. Here is a recap of the 5 part series that were published out.

Part 1: Personal Loans – When you lend to friends and family members, you are taking money out of your own livelihood to assist those that you love. And as much as you love them dearly, sometimes that can be taken advantage of. This post talked about how you can learn to say no to loans or even provide a loan without facing any serious complications on your own self.

Part 2: Bills & Unexpected Charges – This has to be the most familiar financial setbacks of them all. You pay off all your bills and suddenly you open your mailbox to inform you that you owe them from something that may have been months or years ago. This article goes in-depth of some actions you can take today to counter those unexpected bills.

Part 3: Splurges – We love “THINGS”. Whether if it’s clothing, shoes, gadgets, etc. we looking the paper, watch commercials, and see others with these extravagant items to where it creates product lust and we want it in our own homes. This article gives a brief overview to overcome splurging and even gives tips on how you can limit your habit while still receiving the same satisfaction.

Part 4: Avoiding Debt & Credit – Today, we use a credit card for everything. Paying bills, buying gas, “splurging”, and even fast food. This post goes over the necessary tips you can apply to your life today to avoid serious complications of debt and credit cards tomorrow.

Part 5: Creating A Second Income – The economy is growing. And as it grow, more complications arise. The other thing that rises is our prices, also known as inflation, which makes the cost of living higher than it was a year ago. In this post, I talk about 20 different ideas for you to consider on creating yourself an extra income by just utilizing your free time.


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