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Tip 8: Over 70% of all credit reports contain errors that impact your costs and ability to borrow money. You should actively track your credit score and dispute any errors you find. Tip 9: If you cannot pay all of your bills, you must prioritize! Think this through and use common sense: Do not pay your cable TV bill, rather than feeding your family. Food, your home and utilities are generally a priority. Credit cards, personal loans, taxes, subscriptions, memberships, etc., usually have more flexibility if they go unpaid. You should inform your creditors when you cannot pay, or seek professional assistance. Tip 10: If you find that you cannot pay all of your bills, don't panic! Financial stress can impact your family and marriage, but don't succumb to the pressure. Make a family game-plan and as a family decide where to cut your budget. Your family will need to work together constructively and positively. Remain proactive, seeking ways to lower your cost of living, and resolving your debts. Seek professional help if your own efforts are not enough.
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