Have you recently experienced a financial set-back or disaster?? Here are some steps you can take to begin recovery…
1) Cut overhead and get rid of unnecessary expenses – do you really need to buy that $4.00 coffee every morning?
2) Save at least $500 in an emergency fund, so you won’t be forced to use credit if an emergency occurs.
3) Contribute to your retirement account -lost time, due to compounding interest, equals a significant amount of lost money.
4) Assess your debt, be honest about it, and start to get rid of it.
5) Rebuild your credit. The most important way to do this – make all payments on time.
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