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Its been a while, right?
And this is not because youre not earning money, but because youre drowning in debt.
According to financial expert Suze Orman, its because youre yet tounderstand the goal of making money.
The Goal of Making Money
People have different goals of making money.
Happiness is the purpose oflife and moneycan buy happiness.
Some people look at making money as a way to indulge in their fantasy of buying expensive things.
Others have an aversion to poverty because of how they grew up.
Orman says the goal of money is for you to be secure.
According to her, security comes from having anemergency savings accountwhich is also essential for your financial freedom.
Lets say youre able to save $1,000 every month after youve made expenses including loan payments.
According to Orman,more financial cushionwill make you feel more secure.
Your expenses will go down because you wont be spending as much, she said.
Enjoyment doesnt have to translate to how much money you spend or save.
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