Money Management: Learned the hard way..
The following document outlines the importance of good money management skills and the importance of attacking money problems head on. A person’s credit rating is just like a criminal record in that it will follow you for the rest of your life. A poor credit rating will have a negative impact on your quality of living. The following is a list of things that can cause long term money management problems. · Loss of income · Intermittent or no long term employment · Lack of budgeting skills · Failure to budget · Accumulating credit card debt · Failure to save for an emergency · Spending money on stuff you don’t need but think you want · Spending more than you make · M...