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How do you go about avoiding to become broke?

If in your region there are many people with low and middle incomes, then to avoid going broke, the first thing they have to do is live frugally, apply mindful spending and debt management until it is paid off, and do not take out any more loans. Set aside money for savings, emergency funds and investments. And the most important thing is to increase income.
 
Never limit yourself to one source of income. Open your mind to investing and always practice discipline to avoid spending the little that you have recklesly.
 
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