What is financial responsibility and why is it important?
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Being financially responsible means paying your bills on time, not taking on more debt than you can afford, and generally just being responsible for your own life
Of course, part of being financially responsible is getting car and home insurance to protect yourself in case something happens
Saving for a rainy day
Supporting yourself financialy
But it's more than that. Financial responsibility also means:
Paying your bills on time
How to be more responsible financially
If you're struggling with these things, we can help. Here are some tips to be more responsible.
Remember this advice only works if you already have the money. You can't budget your way out of poverty. This story is for those who have the means but struggle with the how.
Step 1 - Prioritize
Decide what you really want, and make sure your spending reflects that.
Save Money on Livig Expenses
Stop buying things that aren't on your priority list. Find ways to cut back on your expenses
Step 2 -Budget
Step 3 - Increase your Income
Sometimes you just don't make enough money. The best way to fix that is to increase your income, either with a side hustle or a promotion.
How to Increase Your Income
The politics of financial responsiblity
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