How to Defeat your Financial Demons?


Bangalore: Crying over the lost money won’t help you get back what’s gone, but if you take lesson from past bitter experiences then at least you will not repeat the same mistake in future. Sometime the causes for these losses are not theft, business failures or market crashes but are your own bad financial attitudes. What are they and how to tackle them, is well narrated by Libby Kane from Learnvest.com.

1. If You Have Debt Demons

You may take loan for higher education, buying a car or buying a house. Then you also need to repay them back and keep on paying the interest until you clear up all your debt liabilities. Always remember debts with higher interest grow faster so it’s better to pay them off earlier. In case you are facing any credit card debt, then in order not to welcome more troubles stop it would be better if you stop using your card for purchasing non-essential goods. Live your life with financial freedom and not with debt loads, so repay your past loan today.

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