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7:38 pm - Saturday October 25, 2014

How Goals and the 401k Can Help You Overcome Personal Bankruptcy

| Management | Rating: 4.5
by Numan

How Goals Can Help You Overcome Personal Bankruptcy
© lululemon athletica

Going through personal bankruptcy filling and dealing with the bankruptcy laws often leave individuals feeling distressed about what to do next. The best way to overcome the emotional and financial effects of personal bankruptcy is to set goals.

Goal setting is a positive action that will allow individuals to focus on what they want financially, emotionally and socially within their lives. Understanding that each of these elements in one person’s life impact one another is also important. Individuals should take some time to think over their goals. These could be goals about family life, travel experiences or having a closer relationship with your partner. Long term goals are also significant, especially as you consider your retirement and saving with a 401k.

Once these goals are set on paper, it is important to put them on where you will see them. These will help motivate and keep you focus.

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