I had never given this a thought until I had experienced financial hardship in my own life. People never give reason or rhyme to why they have served themselves a bad deal. When financial crisis occurs you wouldn’t even begin to imagine the costs associated with the devastation.

Your business will depend on sound financial management. The biggest mistake that most start up businesses do is not to keep good records. You can invest in a program like Quicken to help you keep records or even just keep records with Excel charts. However you do this keep printable record so that you know exactly where and when money has been spent. It is useful to keep records for Tax purposes so there are no surprises when it is time to pay taxes.

Get references. Ask your lawyer for references from two previous clients. Call them, ask how their divorce went and if they were happy with the lawyer. Make sure to ask were there any problems that arose they think you should know about. Agree not to talk about this to your lawyer.

You also want a creative cashflow. Being creative means thinking outside the box and going beyond the norms to produce amazing, unexpected results. A creative lawyer is full of ideas (conventional or not). You will never reach a dead end with a creative lawyer. At least you’ll know that your lawyer will be able to defend your case whatever the circumstance.

Lawyers are not protected under the FDCPA. They can be, and as a practical matter the one suing you probably is, a debt collector. However, if the lawyer is representing an original creditor and acting in its name, he will be treated as an original creditor. If you are being sued by a debt collector, chances are good that the lawyer is also a debt collector, you can pretty much count on it. He can be sued for things he does wrong.

If the lawyer you meet with is confident of his or her abilities, they should have no problem recommending another attorney for you to get another opinion. However, if they are hesitant, or refuse to give you another name of an attorney to consult with, I would personally questions why not? Obviously, they don’t want to lose you as a prospective client. However, I have found that lawyers are totally upfront with clients and give them the information they ask for, more likely than not, the client will return to their office and ask them to be their lawyer.

When you head off to college, make sure you are prepared for not only your classes, but for your personal financial management. Create a budget, track your expenses, and think about your spending habits realistically.