Financial Mulligan

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Definition of “Financial Mulligan” :

“Financial Mulligan” is not a standard finance term, especially in the South African context. However, in golf, a ‘mulligan’ refers to a do-over or second chance after a poor shot. So, in finance, it could metaphorically refer to an opportunity to correct a financial mistake or poor decision, essentially getting a ‘do-over’ in managing your finances.

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