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Financial Potholes that Can Wreck Your Budget

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Sinopsis

So, let’s look at three financial potholes that can wreck your budget. You’ll save money — and a big headache — if you can steer clear of these:  1. SCAMS:New scams are constantly appearing due to technology. Protection Measures:Keep devices updated with antivirus software.Guard your social security number and passwords.Learn more about identity theft at the FTC’s website or call 877-ID THEFT.Be wary of money transfer requests, especially if unverified.Avoid clicking on links from suspicious emails or texts.Do not share personal information over phone or email.Double-check claims from suspicious communications before acting.Stop and verify the source if feeling pressured. 2. MONEY LEAKS: Small charges or expenses that accumulate unnoticed.Examples:Free trials: Risk of forgetting to cancel after the trial ends.Auto-renewing subscriptions: Often forgotten and can renew indefinitely.Daily indulgences: Regular small expenses like coffee can add up.Grocery store temptations: Stick to the shopping list, especially