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How to Become CFO of Your LifeWhy not apply the money principles you use for business to your personal finances?

ByJ.D. Roth

Opinions expressed by Entrepreneur contributors are their own.

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In大学I got hooked oncredit cards, and I graduated with an addiction. My habit grew with my income. By the time I was 30, I had more than $35,000 in consumer debt and a big mortgage, to boot.

Eventually I turned things around, but it didn't happen overnight. It took years for me to master my own money, and it became possible only when I realized that I should treat my personal funds the same way I treat my business finances. I decided, in effect, to become CFO of my own life.

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