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Mastering Personal Finances: A Guide to Needs vs. Wants

Understanding the distinction between needs and wants is crucial for effective personal finance. Breaking down the essentials is necessary to making practical insights that help you to make informed financial decisions. Defining Needs vs. Wants Basics: Things You Really Need What you need are the important things for staying alive and feeling good. Let’s talk…

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From ATMs to Online Shopping: The Convenience Debt Spiral

The Cost Of Convenience Thirty or so years ago the concept of instant gratification simply didn’t exist. Several key innovations occurred over the years, which, when interacting with each other, provided the means for people to incur previously unheard of levels of debt. First Step The first stage was set by the banks. Sensing a…