| Action |
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Effect |
| Paying back old debts |
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- Helps to repair a bad credit history
- Gives you the ability to face the past, correct what you can, and leave the past behind
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| Giving up a costly habit, such as smoking |
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- Gives you better health
- You’ll have less financial waste
- Develops stronger will power
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| Paying current bills on time |
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- Builds a good credit record
- You feel the honor that comes with keeping one’s word to repay
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| Setting aside money for savings |
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- Funds are available to pay for a deposit on an apartment or other expense
- Allows you to know that you have a future and can direct that future
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| Giving time or money to charitable groups |
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- Can earn you a possible tax deductio
- Helps you feel connected to the community and with those who need help
- You learn to serve others
- Gives hope to others who are struggling as you did
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| Getting a job |
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- Gives you a steady income
- Develops pride and self-worth
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| Avoiding pawnshops, check-cashing stores, and rent-to-own stores |
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- Keeps your money from trickling away because of high interest charges or overpriced items
- Builds integrity by refusing to give your money to businesses that often take advantage of the poor
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| Taking classes to improve job skills |
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- Gives you a better chance to land and keep a job—and get ahead
- Helps you know that you are capable of growing and improving
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