With over 30 years in the field of an attorney, we have dealt with many situations relating to bankruptcy and other personal financial issues.
We almost always ask the same questions to our clients:
Many of us make purchases, but do we actually have the planning set aside to afford these things? To truly be able to afford something goes past just having the money right there and then. We need to have other things in mind such as savings for at least 6 months, life insurance, and health insurance all in line.
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When we go past just having the money in the moment to purchase a car, a house, or even a new TV we start practicing financial responsibility. The ability to reach into our lives and assess if a purchase is a need or want will also allow us to be further disciplined in our financial lives.
What is even more frightening is when we purchase items or services without even having the money in the moment at all. Some just depend on future income to appear into their lives to save them from the bills that are later to come.
Those with families need to display this way of spending too so that it is not just practiced with the head of the household, but also so that the children in the family start to pick up on how to efficiently spend and save money in order to set a great future ahead later in their life.
With these basic questions to ask yourself and these spending mind sets, it will greatly benefit the quality of life you set yourself and allow your needs to be met but with necessities first and luxuries last.
Louis Esbin of the Law Offices of Louis J. Esbin is an attorney in Santa Clarita and Canyon Country, Valencia, Saugus, Stevenson Ranch, Newhall and Castaic neighborhoods who specializes in bankruptcy law, business law and consumer protection. The motto of his firm is, “When experience counts, count on experience,” and Esbin has been practicing law locally since 1993. His experience in Los Angeles, San Francisco and New York also enables him to pledge to provide his clients with high quality, big-city legal services as a Santa Clarita attorney. In addition, the bankruptcy attorney in Santa Clarita is founding treasurer of the Santa Clarita Valley Bar Association, a founding member of the Central District Consumer Bankruptcy Attorneys Association and a member of the Financial Lawyers Conference and California Bankruptcy Forum. Those searching for the best attorney in Santa Clarita or an “attorney near me,” can contact the Law Offices of Louis J. Esbin today for more information.
27451 Tourney Road, Suite 120
Valencia, CA 91355-6304