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Building Your Dream Life
Financial responsibility may not sound like the most exciting topic, but it's a key factor in achieving the life you want.
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Levers in your financial empire
Managing Your Finances with ADHD: Understanding Income, Expenses, and Capital Expenses
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Surpise bills
Unexpected expenses can be a challenge for anyone, especially for those with ADHD
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Make sure you keep all of your financial paperwork organized and in one place. This will make it easier for you to track your spending and make sure you're not missing any bills.
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Pay off debt! If you have credit card debt, focus on paying it off as quickly as possible. This will free up more money each month to put towards other goals, such as saving or investing.
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Once you have a good understanding of your spending habits, look for areas where you can cut back by reducing eating out budget, canceling unused subscriptions, and finding cheaper options for entertainment.
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Building wealth takes time and discipline. Stay focused on your goals, and don't let short-term temptations derail your progress.
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Investing can be intimidating, but it is one of the best ways to build wealth over time. Read books, attend workshops, and talk to financial advisors to learn more about how to invest wisely.
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Building relationships with successful individuals can create new opportunities and help you grow your wealth by attending networking events, joining professional organizations, and collaborating with others in your field.
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Credit scores
Understanding our credit score is important as it affects our ability to obtain loans, credit cards, and even rent an apartment.
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Diversification is the key to reducing your investment risk. Consider investing in a mix of different types of investments, such as stocks, bonds, and real estate.