My Bankruptcy Recovery Roadmap: The Exact Steps to Get Back On Track

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Important Links

• Get your free downloadable Financial Recovery Roadmap here.
• Register for my free Masterclass Rebuilding After Bankruptcy: Your Step By Step Success Plan here.
• Listen to Practical Tips to Improve Your Credit Score After Bankruptcy here.
• Read the Barefoot Investor by Scott Pape

Summary
In this episode, the Louisa Larado shares her personal experience and provides a step-by-step approach to recovering from a financial setback such as bankruptcy. The first and most important step is to work on your mindset when it comes to money. This involves focusing on what you can control and practicing gratitude. Surrounding yourself with supportive and positive influences is also crucial. Other steps include assessing your financial situation, creating a realistic budget, monitoring your credit score, increasing your income through side hustles, educating yourself about personal finance, avoiding common financial pitfalls, and planning for the future.

Chapters
00:00 Introduction and Overview
03:19 Step 2: Focusing on What You Can Control
05:09 Step 3: Practicing Gratitude
09:46 Step 4: Surrounding Yourself with Supportive Influences
26:41 Step 7: Increasing Your Income
30:26 Step 8: Educating Yourself about Personal Finance
35:35 Step 9: Avoiding Common Financial Pitfalls
40:15 Step 10: Planning for the Future
Takeaways

• Work on your mindset when it comes to money by focusing on what you can control and practicing gratitude.
• Surround yourself with supportive and positive influences.
• Assess your financial situation and create a realistic budget.
• Monitor your credit score and avoid unnecessary debt.
• Increase your income through side hustles and educate yourself about personal finance.
• Avoid common financial pitfalls and regularly review and adjust your financial plan.
• Plan for the future by setting long-term financial goals.

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Disclaimer: The information contained on today’s podcast has been provided as general advice only. The contents have been prepared without taking into account your objectives, financial situation or individual needs. Before making any decision regarding the information, strategies or products mentioned on today’s episode, please consult your own financial advisor or other professional first.