| Personal financial problems can rob you
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| | the freedom to spend when you see
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| of happiness and contentment. Learning
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| | something you really want. Some of these
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| about these key issues now can save you
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| | are: 1. Don't buy on impulse. Ask
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| years of heartache later on. It's your
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| | yourself 2 or 3 times "Do I really NEED
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| life - why not enjoy it? You can take
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| | this?" before you buy. If you cannot
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| control of your personal finances by
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| | answer with a resounding "YES " let it
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| applying the lessons listed below.
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| | go. 2. Don't buy things JUST because they
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| Problem #1. Spending Without Knowing Your
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| | are on sale. Only buy things you need. If
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| Limits As in business, you will not last
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| | you do need them wait a few weeks the
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| long financially if you spend without
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| | price may fall even further. 3. Don't buy
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| regard to your income. Knowing your
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| | the latest fashion items at the height of
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| spending limits is not hard to do. Just
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| | the season. Just wait a while. The prices
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| find the answers to these 4 easy
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| | usually reduce. 4. Don't compare yourself
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| questions: Question #1. What is my
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| | with others and what they have. They may
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| take-home income per pay? (that is your
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| | have purchased making the same finance
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| total income less taxes) Question #2.
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| | mistakes as you. 5. Set yourself a
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| What do I need to spend to live? Question
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| | savings target. Put this money aside each
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| #3. What is the difference after taking
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| | payday BEFORE spending any of your pay.
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| spending from income? Question #4. Can I
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| | Problem #4. Spending Without Feeling
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| save enough for my future from the answer
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| | Satisfied Spending can leave you feeling
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| in Question #3? There are many tools to
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| | pretty shallow and unrewarded when you
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| help you gain answers to these questions.
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| | purchase on a whim or fancy when you
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| You can find many on the Internet.
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| | really know you cannot afford the item.
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| Helpful Hint: Find one that helps you set
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| | What's more you may not even use it. What
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| your savings targets, checks your ability
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| | a waste! To really FEEL GOOD ABOUT
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| to meet the targets and then shows your
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| | SHOPPING and spending you need to know
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| progress towards your goals. Problem #2.
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| | these 4 things: 1. My budget allows me
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| Spending Without Setting Savings Targets
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| | the freedom to purchase this item 2. I
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| It's OK to spend to the limits of your
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| | have the cash put away already for this
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| income but that does not provide you with
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| | purchase (even though I will use my
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| any buffer for urgent purchases, or
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| | credit card for the transaction). 3. This
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| protect you from a financial emergency.
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| | purchase is something that I really want
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| Urgent purchases could be renewing a
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| | and will use. 4. I have purchased this
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| broken fridge or stove, calling a plumber
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| | item at the best possible price, saving
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| to fix a broken pipe or having to spend
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| | as much as I can. Problem #5. Spending
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| for major car repairs. Financial
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| | Without Caring About Your Future Unless
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| emergencies could be temporary loss of
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| | you are planning for your future and
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| income or hospitalization of a family
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| | financial security, you cannot be really
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| member. How would you survive financially
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| | happy. There are always worries lurking
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| in any of these situations? You can begin
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| | in your mind about how you would survive
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| to save today, it's easy. What if you
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| | in a financial emergency if you have no
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| went without your bought lunch each day
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| | savings. It can be very rewarding to see
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| at work? That saves you $1,000 per year
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| | how quickly your savings multiply over
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| on $5/day. What if you reduced your
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| | time with only a small investment each
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| Starbuck's coffee by 1 each working day?
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| | payday. Did you know that by saving just
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| That's another $1,000 per year on $5/day.
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| | $5 every day this would grow into $1,867
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| Just those two amounts alone can mean a
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| | in 12 months at 5% interest and then it
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| holiday for you, the beginnings of a
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| | grows into a whopping $10,343 in 5 years?
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| savings plan, or an emergency buffer. If
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| | Isn't your future worth investing in? Why
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| you set a target of 10% of your take-home
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| | not start to overcome your personal
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| pay each payday that would be a good
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| | finance problems today? Looking back
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| start. If you think creatively, you are
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| | you'll be so glad you did! If you click
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| sure to come up with ways to achieve
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| | on the links below you will be taken to a
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| this. Think of the peace of mind that
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| | great budget solution. It helps you set
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| would bring. Problem #3. Spending Without
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| | your savings targets, checks your ability
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| Knowing How to Save There are many easy
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| | to meet the targets and then shows your
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| ways for you to save money that allow you
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| | progress towards your goals.
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