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Money Traps That Will Keep You Broke Forever
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[QUOTE="Yusra3, post: 282033, member: 31907"] The most common money trap is spending too much money on things you don't need. It's easy to get sucked in by ads that promise the world and make it seem like your life would be better if only you could afford this or that. But the truth is, most of those things aren't actually worth it and once you've paid for them, you'll find yourself wishing you'd just saved up and bought the real thing instead. Another trap is making bad investments. You may have heard about how some people have been investing in stocks and real estate over the past few years, and they're making huge amounts of money. But did you know that most of these people didn't really know what they were doing? They invested their money in things like gold, oil futures, and other financial products without understanding how they worked or what made them worth anything. Now they're looking at payback time with their investments losing value every day (if not hour). [/QUOTE]
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