10 Mistakes I Made During My Bankruptcy
Manage episode 438438766 series 3573592
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Summary
In this episode, Louisa Larado shares the 10 mistakes she made during her bankruptcy and offers tips on how to avoid them.
Takeaways
- Avoid avoiding thinking about money and instead become aware of your finances by tracking income and expenses.
- Set up separate bank accounts for different expenses to better manage your money.
- Openly talk about bankruptcy to reduce shame and increase support.
- Set money goals to stay focused and motivated.
- Let go of blame and take responsibility for your financial situation.
- Educate yourself about money to improve your financial knowledge and decision-making.
- Step out of your comfort zone and try new strategies to improve your financial situation.
- Shift from a lack mindset to an abundance mindset to attract more opportunities and positive experiences with money.
- Align with your partner on finances and regularly communicate about goals and progress.
- Believe that you can rebuild and improve your financial situation after bankruptcy.
Keywords
bankruptcy, mistakes, money management, financial goals, blame, education, comfort zone, lack mindset, partnership, struggle
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Disclaimer: The information contained on today’s podcast has been provided as general advice only. The contents have been prepared without taking into account your objectives, financial situation or individual needs. Before making any decision regarding the information, strategies or products mentioned on today’s podcast, please consult your own financial advisor or other professional first.
Bab
1. Introduction (00:00:00)
2. Mistake 1: Not Thinking About Money (00:02:26)
3. Mistake 2: Not Setting Up Effective Accounts (00:05:49)
4. Mistake 3: Not Talking Openly About Bankruptcy (00:08:56)
5. Mistake 4: Not Setting Money Goals (00:11:28)
6. Mistake 5: Holding Onto Blame (00:14:23)
7. Mistake 6: Not Educating Yourself About Money (00:16:40)
8. Mistake 7: Staying in Your Comfort Zone (00:18:43)
9. Mistake 8: Having a Lack Mindset (00:20:59)
10. Mistake 9: Not Being on the Same Page As Your Partner (00:26:48)
11. Mistake 10: Believing Money Will Always Be a Struggle (00:28:29)
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