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Money Traps And How To Avoid Them

by Lynley Oram in Features on 16 April, 2012 at 1:00 pm

Money Traps And How To Avoid ThemWhen you've got kids life gets hectic. You find yourself balancing your life, their lives, your partner's life, with work, housework, and all the other bits and bobs that go with it. Throw in a couple of pets and it is a wonder any of us have any brain cells left.

Apparently there's only so many decisions that anyone can make in a day. And your brain matter isn't indiscriminate. It seems to treat them all the same, from whether to have a cup of tea or coffee, to signing off on that multi-million pound merger agreement.

Maybe that's why busy and harassed parents can be a bit more prone than most to falling into some of those money traps that just suck our wallets and bank accounts clean. Here's the top five of these, and alternatives that won't bite you back. Read up now so you can be prepared later on.

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