National Debt Relief Shares Financial Steps After Missing Out On Powerball Winnings
Miami, FL (PRWEB) February 13, 2016 -- National Debt Relief recently tackled in an article published January 27, 2016 how consumers can move forwards after a heartbreaking reality that they did not win the Powerball lottery. The article titled “8 Financial Tips If You Didn’t Win The Powerball Lottery” aims to guide consumers in getting back on track after pinning their hopes on Powerball luck.
The article starts off by pointing out that the most recent and largest Powerball winnings at $1.5 billion was pocketed by three very lucky people who are poised to receive a life altering amount of money. On the other hand, it is a sad day for the rest of the people who were trying their luck in getting a piece of that amount.
The article shares some tips on how to move forward for all those that were not lucky enough to get any Powerball lottery winnings. One of the steps is being realistic with the fact that winning the lottery is gamble that has slim chances of winning. They are better off getting a better grip of their financial budget by spending a few moments in their day and look at their budget carefully.
It is also important to have concrete goals to aspire for and keep their eyes on that goal. One of these should be setting aside an amount to build up their emergency fund. Rather than put in a few dollars a day betting on multiple numbers, it is best to put the same amount in their reserve funds and be better protected when unexpected emergencies hit their finances.
It is critical that consumers lay out a game plan on how they plan to get from point A to point B in regards to their financial goals. It they need to set aside $1500 for their reserve funds then that can be broken down into 15 months of $100 a month. Then they can put the rest in their retirement funds or even paying off high interest debt accounts.
Just because they did not win the Powerball doesn’t mean they have to stop dreaming altogether. But the key is dreaming of more concrete goals in life rather than hitting it big and gambling in the lottery. If they are trying to pay off the house in a few year’s time then they need to keep chasing that dream until they reach it.
To read the full article, click this link: https://www.nationaldebtrelief.com/8-financial-things-to-do-if-you-didnt-win-the-powerball-lottery/
Paul Ritz, National Debt Relief, http://www.nationaldebtrelief.com/, +1 888-703-4948, [email protected]
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