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7 Money Mistakes You’re Making in Your 20s

Success

Paying credit card interest or fees. A credit card can be a useful tool. Credit card interest rates can be incredibly high, and not paying off your balance every month can start a downward spiral into crippling consumer debt that destroys your finances. Something else to look out for is annual fees.

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3 Common Money Myths Debunked

Success

In every financial workshop, I hold with 20-somethings, there inevitably comes a point where someone utters the phrase, “But my dad said…” followed by: I should carry a balance on my credit card to improve my credit. This article originally appeared in the August 2016 issue of SUCCESS magazine and has been updated.

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How to Build a Library Worth Having

Success

Accounting and finance books Next, accounting. Kids need to start learning the difference between a debit and a credit card. This article was published in December 2016 and has been updated. You need to comprehend both sides of the coin. You’ve got to have at least a primary understanding of accounting.