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Episode 2630:
Good Nelly, writing for HelloBrownlow.com, highlights the transformative power of overcoming debt and how it can instigate the adoption of sound financial habits. Through the crucible of debt repayment, individuals learn the importance of budgeting, the value of money, frugality, and the discernment between wants and needs, setting a foundation for a secure financial future and imparting valuable lessons on money management to the next generation.
Read along with the original article(s) here: https://hellobrownlow.com/2018/12/19/what-good-financial-habits-you-learn-from-being-in-debt/
Quotes to ponder:
"When you try to pay off debt, every cent counts. So, you develop the habit of tracking each and every dollar you earn."
"Following good financial habits is not enough; it is also your responsibility to teach your children about strong financial habits."
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2714: When Intentional Parenting Kinda Sucks by Shawna Scafe of Simple on Purpose on Motherhood
2713: [Part 2] Shifting To A Frugal Mindset Has Given Us Options. Tons Of Options. by Lisa Harrison of Mad Money Monster
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2707: The Best Time of Year to Buy Many Items by Andrea Joy of Saving Joyfully
2706: Weekend Weight Loss Tips by Chalene Johnson on Maintaining Health Goals without Sacrificing Fun
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2704: 7 Ways You May Be Leaving Money on the Table When You Retire by Kathleen Coxwell of New Retirement
2703: Why Paying Off the Mortgage Early May Be a Big Mistake by Len Penzo on How to Fight Inflation
2702: Trading Financial Freedom for Mini-Retirement by Chris of Keep Thifty on FIRE Lifestyle & Sabbaticals
2701: The Secret to Becoming Your Own Financial Expert by Philip Taylor of PT Money on Money Freedom
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