“Unlocking Financial Disaster: 17 Credit Card Blunders You Didn’t Know Were Draining Your Wallet!”
Vigilantly monitor your credit card statements and online account activity. Report any unauthorized transactions immediately to your credit card company. Most card issuers offer zero liability protection, meaning you won’t be held responsible for fraudulent charges if reported promptly.
17. Keeping Your Debt a Secret
Financial problems can be isolating, and many people feel ashamed or embarrassed to discuss their debt struggles with others. However, keeping your debt a secret can exacerbate financial stress and prevent you from seeking the help you need. Experts say bottling up your worries can lead to anxiety, depression, and unhealthy coping mechanisms.
Don’t be afraid to reach out to trusted friends, family members, or financial professionals. Sharing your struggles can provide emotional support, practical advice, and access to resources that can help you overcome your debt.
20 Things Poor People Waste Money on, According to Suze Orman
If you’ve ever watched her show, you know Suze Orman pulls no punches. She’s all about calling out bad money choices, urging people to take control of their financial destinies and ditch those pesky spending habits that derail progress. While her advice can be blunt, she aims to empower folks to build wealth and protect their financial futures.
It’s important to note, Suze Orman gets flak sometimes for being too harsh. She’s not shaming people, but highlighting how certain expenses can sabotage big goals like homeownership or a comfortable retirement.
