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Posted by on May 4, 2016 in Savings Advice | 0 comments

5 Tips to Overcome Money Problems

money crisis

If we’re very lucky, most of us won’t get into a full-fledged financial crisis, but the reality is that so few of us having an adequate emergency fund, so money problems are likely. A Bankrate.com survey reveals that 76 percent of us live paycheck to paycheck. This means three-quarters of us are one paycheck away from a tailspin.  Job loss, a natural disaster, hospital visit or divorce will send those on the edge over it.

A personal loan or living on credit cards may give us a temporary reprieve, but money problems call for a total reevaluation of our finances.  Here’s advice on what steps to take if you face a financial setback. 

 Originally published on Lifehack.org

You may consider your circumstances as unique, but many people around the world have walked this path before you. The road to financial revival is shabby but the steps to return after the financial disaster are well-proven.

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