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SIMPLE MONEY SYSTEMS II Pay Off Debt, How to Budget, Down Syndrome, Personal Finance, Save Money, Money Routine, Special Needs Mom
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8 II 7 Reasons to Ditch the Debt and Live Free with Special Needs
Manage episode 386276113 series 3523282
Sisällön tarjoaa Diana Galas - Personal Finance Coach, Special Needs Mom, Budgeting Coach, Diana Galas - Personal Finance Coach, Special Needs Mom, and Budgeting Coach. Diana Galas - Personal Finance Coach, Special Needs Mom, Budgeting Coach, Diana Galas - Personal Finance Coach, Special Needs Mom, and Budgeting Coach tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
Show Notes:
Debt is a financial obligation or liability that arises when one party borrows money from another with the agreement to repay the borrowed amount, typically with interest, over a specified period. It can take various forms, including loans, credit card balances, mortgages, or any other arrangement where money is owed. Managing debt involves making scheduled payments to the creditor until the borrowed amount is fully repaid.
Paying off debt brings various benefits.
- Financial Freedom
- Reduced Stress
- Enhanced Savings
- Cost Savings
- Enhanced Financial Security
- Increased Borrowing Power
- Peace of Mind
Ditching debt is a step toward achieving financial independence allowing you to have more control over your financial future. It adds a boost in financial confidence and a belief in one's ability to manage money effectively.
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