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Creating a Long-Term Financial Plan to Stay Debt-Free
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[QUOTE="Yusra3, post: 305946, member: 31907"] Long-term financial planning is a must if you want to stay debt-free. When you're struggling with debt, it can be hard to focus on anything else. But there are many ways to stay on top of your finances in order to keep your debts from growing larger and even shrinking them! Here are some tips for creating a long-term financial plan: 1. Start with a realistic assessment of your current financial situation. If you have bad credit, for example, and don't know how much house you can afford on that income, it's going to be difficult for you to create an effective long-term plan even though short-term plans may work fine. 2. Consider hiring a professional financial planner who specializes in helping people like you with debt problems. They'll be able to help you make sure that the information in this article has been taken into account and will give advice based on their experience working with clients like yourself. 3. Once you've created your plan, make sure that it includes realistic goals and timelines for achieving them; otherwise, it won't really matter what steps you take next month or next year because they won't be relevant anymore! [/QUOTE]
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