Bankruptcy is something that many people don’t like to talk about. After all being deeply in debt can be emotionally and physically draining – this leads to reticence and can often make the situation worse than it is.
While many think bankruptcy is the final choice, the truth is that filing for bankruptcy can lead to financial freedom but it means getting over the misconceptions. For starters, there is the fear about what might be lost through bankruptcy, but there is also the cost.
But let’s face it, all of us end up in some sort of financial hardship during our lives and for those who are seeking to rid themselves of the yoke of debt, bankruptcy can be the right option to start over. So, it doesn’t matter where you are, turn your life around and take back control of your finances. ..
Vacations are something that most families look forward to. They save up money, plan carefully, and watch the anticipation build as the departure date approaches. They expect to come home with some great souvenirs, some amazing memories, and maybe a little sunburn.
What they don’t expect to come home with is an injury, but unfortunately, it happens. The opportunities for an injury are numerous when we travel. It begins the moment we walk out of our house and doesn’t end until we get back home.
The road is the most likely place. We’re covering hundreds or even th with every one, we run the risk of encountering a reckless, impaired, or distracted driver whose careless actions can lead to a collision. But the risk doesn’t end there. The places we visit, eat, shop, and stay can all be the scene of an accident caused by the management or even by other visitors. ..
When you are running a business, you have to be careful not to spend more money than your business is generating. Although this is common sense, it’s not always practiced. Entrepreneurs are often tempted to take a few small financial risks with their money in the hope that they will then be in a position to bring in more money.
In truth, it’s much better in the long run to avoid the thrill of this risk-taking behavior and build your business slowly, even conservatively, by maintaining a balanced budget. Yes, it’s possible that a few more well-placed ads will generate a tidal wave of traffic that will then turn into sales, but it’s equally possible that your ads will fizzle or that your offer won’t convert as well as you had forecast. ..
The authors featured on this site are not financial experts, but are instead normal folks just figuring out how to make ends meet. The opinions and advice featured on See Debt Run have worked well for our families, but may not work for yours. If you choose to incorporate any ideas included on this site into your own financial planning, you do so at your own risk. We do NOT take any responsibility for the decisions you may make, even if they were based on something you read on this site.
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