When you take care of a family, you will understand the importance and the value of money. Debts can add up over time and often they can hinder your professional and personal life, meaning that you are unable to pay other debts, keep up with bills and possibly not be able to give your kids the best start in life that they deserve. Keeping food on the table and giving kids love is the most important thing you can give, however, sometimes knowing that you have the finances to make life easier is a positive for your family.

Debts manifest often over things beyond our control. Student loans, repayments and insurance can add up, this can lead to using credit cards and missing those repayments. It spirals until you feel out of control of your finances. The systems of today are often set up for us to fail. It may feel as if you can never meet the repayments and that any debts will not be eliminated. However, there are solutions that may go against the grain of government rule but are perfectly legal. There are lots of systems that allow you to remove your debts but the question is: Is Debt to Success System a scam? With thorough research you can find the answer to so many of your burning questions. Debt elimination is possible and getting your life back on track is achievable.

If you want to feel a little more in control you can also manage your finances in better ways. When you have children, this is going to assist you in knowing what they need and when they need, such as school supplies, new clothing and other accessories. There are plenty of self help manuals out there but in terms of tips, you should certainly look to get your finances realigned and your goals on target. You should:

  1. Create a budget. First things first: create a budget if you haven’t already that aligns with your monthly wage, ensuring that you still have enough to live on.
  2. Understand your expenses and your bills including your car insurance etc.
  3. Understand your income, and be aware of your financial capabilities.
  4. Consolidate your debt or remove it entirely (as mentioned above)
  5. Slash or remove unnecessary expenses.
  6. Create an emergency fund which can be saved for your kids alone or for those things that might go wrong!
  7. Save 10 to 15 percent for retirement too, this will allow you to rest a little easier to know that if you are unable to pay for retirement funds, you are creating your own.
  8. Review and understand your credit report – this is tricky if you already have debts on your credit card but explaining the situation to them is the first step. Hiding away is never the answer.

So if you feel trapped and become another statistic of deep state banking, you should consider your options to ensure that you become prepared for a more positive, debt free future, for both you and your family.


Greg Kononenko
Greg Kononenko

My name is Greg Kononenko and I am a full-time online blogger and owner of Dad's Hustle. I'm a dad, and my passion is to help other mums and dads to start their own "hustle" and improve the financial future of their families.

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