No one wants to go into debt. We try to avoid it if we can, but we fall into the traps of credit cards and delayed payment specials so easily. Curbing our spending requires discipline and an honest effort.
As consumers, we have to learn to live within our means. This is more than having enough money in a paycheck to pay our bills. Financial security is having something in a savings account and money left over from our paychecks to use in an emergency if we need it.
Living paycheck to paycheck can be dangerous, especially if you have a family. Children get sick; cars break down. Taking money from the bills is not a wise decision, but if you are in a bind, you do what you have to do. The way to break this cycle is to spend less money each month.
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No one wants to go into debt. We try to avoid it if we can, but we fall into the traps of credit cards and delayed payment specials so eas... -
Many people are struggling with credit card debt . Unfortunately it doesn’t take much to derail your credit. A few missed or late payments o...
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