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There might be an unexpected medical emergency that your healthcare provider doesnt completely cover.
Maybe you get laid off from your job and cant earn as much.
The stock market might drop, causing your investments to fall in value.
However, personal finance expert and podcast host Suze Orman sees it differently.
According to her, you are responsible for the state of your finances.
Its not too late to change though.
Heres what Orman and other experts suggested you do toget your finances back on track.
Luckily, Orman knows how to automate your savings so you dont even have to think about it.
Tracking your spending is one way to guarantee youre living below your means.
By focusing on only four areas, Sethi finds it easier to make adjustments and respond to imbalances.
For either method, you have to list out your debts.
Begin contributing extra money toward the smallest debt or the highest interest rate.
Once you pay off that debt, move on to the next one and feel your momentum grow.
Orman also suggests calling up your lenders and asking them to lower your interest rates.
While theres no guarantee that this will work, theres also no downside.
You havent lost anything if your lender refuses to change your rates.
She also points out that this works more often than you might think.
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