How can a person reduce a deficit in their finances? How can a person reduce...

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Accounting

How can a person reduce a deficit in their finances? How can a person
reduce their debt? Why are these two things not the same?
2. Write down three essential things which contribute to sound financial
management.
3. Look at your own personal finances. What are the elements of your
typical personal income and expenditure over a period of a month?
4. Why is it important to save for your retirement?

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