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Poor financial management can easily lead to overspending. Preparing in advance for large expenses is critical. It is much more rewarding to save for your next big purchase, and then run up your credit cards. If you are not careful, it can lead to further debt, which can easily spiral out of control.
Studies have shown that there is a direct correlation between stress levels and health complications. When energy is spent combating stress, it weakens your immune system, which can lead to declining health and an overall lower quality of life.
Future is uncertain so everyone should managing money well. Saving of today's work for future. overspending is a threat for future .
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