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We all want to be successful when it comes to our finances; but sometimes the path to success is just not that easy. We become overwhelmed with debt, forget to save for our future or spend without thinking about the consequences.
Being financially successful has a lot to do with your awareness of your financial situation. If you are not aware of how you are spending and saving your money you may wind up in debt and without savings for your future. By making a conscious effort to spend within your means and save for your future you just may be able to avoid debt altogether. Or, if you are already in debt and trying to get out remember the importance of financial awareness. Staying on track will help you to achieve financial freedom and the title, financial superstar.
This week some of my favorite personal finance experts share their tips for slaying debt, saving more, and spending wisely.
5 Ways to Pay Down Your Debt (Without Living Like a Monk) @AllFinance "When you spend years treading water in a deep pool of credit card debt, escape can seem like a faraway dream. Sure, you could always solve the problem by selling off all your belongings, taking a vow of poverty and moving to a monastery high on the Tibetan plateau, but your spouse and your boss aren't going to like that very much."
Suzanne is a certified credit counselor and a Social Media Specialist for CareOne Debt Relief Services. Suzanne writes for Divorce, Debt and Finances and A Straight Talk on Debt. Follow Suzanne on Twitter @SuzanneCramer1 and @AskCareOne where she shares her insights on divorce and managing your finances.