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#167 How to avoid the most painful money mistakes

Mo Money

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Having a Separation to Your Savings

You have a family emergency that you need to provide some support for, or whatever. And then you have health issues tat you need to one spend money on like that. Is separate too, unexpected stuff, which is like, crash your car, smash your phone, drop your laptop the pool and need to an get a new laptot. Now we don't know what the unexpected expenses are, but we know that these things will happen. So i think that having that separation quite quite powerful when it comes to making financial decisions. Another mistake that i see people making is constantly deferring savings to a point in time when you have a higher income.

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