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Money Traps That Will Keep You Broke Forever
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[QUOTE="Shaf, post: 281657, member: 25467"] Some things can easily be done to ensure that you gain financial security, but that's if you realize that financial security is important and you are willing to work towards it. It takes some sacrifice and work which people don't like doing. Most people rely on their active income and never plan for emergencies, retirement or investment. This is the greatest financial trap of all. It creates a false sense of security that only wears off once you no longer have a regular income. Another money trap people fall for is the need for luxury and new things. Even knowing the dangers of this, I still find it hard to maintain the discipline to avoid purchasing new things if I have money. This is even more dangerous when you can simply scroll on your phones and order as you wish. Careful planning of your finances, down to the last details will help anyone to avoid falling into money traps. [/QUOTE]
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