Managing your finances is a constant challenge at all stages of life and requires a different approach and strategy at different times in your life. There are some basic principles that you can follow in order to get you on the right track. Step one is to take ownership and control of your financial situation. There is no need to put the resolution to your problem off as this will only make the situation worse in the long run.
A good rule to go buy is that you should never use credit to buy consumer items like cars, clothing or vacations. It is important to only use credit to buy things which increase in value over time such as education, real estate or a business. Linked to this is the ides that you should only use credit cards for convenience rather than carrying debt. Especially if you are prone to incurring a lot of credit card debt, then you should
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