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Practical ways to deal with money loss
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[QUOTE="Augusta, post: 271948, member: 25283"] One thing is to make money but losing it isn't out of the equation because it might still happen. This is why it is good to make money but better to safeguard it with all you know best. This is because the lost of money can be traumatic. Money you took months to make can just go with the winds in seconds. But the issue is how do you still handle it if it happens. You know life is unpredictable and anything is possible. When you experience money loss you can do the following. Take professional help for emotional support. You can start with this if the situation is very traumatic for you Reduce your expenses for some time. This is to help you build up again. So cut back on your expenses at this time. Increase sources of income. Look for ways to increase your income again. Take measures to avoid similar losses in future. The best bet here will be to learn your lesson, assess the situation on what really happened.Movevon and resolve to be more careful next time. What do you think? [/QUOTE]
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