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The Biggest Financial Mistakes to Avoid in Your 20s

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A turbulent housing market: 2023 was the most expensive home-buying year in a decade. If you ignore the data, you can get caught in lifestyle creep,” he says. Allowing lifestyle creep as your career grows “On social media, everyone seems to be traveling and going out to amazing dinners,” Raimondi says.

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

A turbulent housing market: 2023 was the most expensive home-buying year in a decade. If you ignore the data, you can get caught in lifestyle creep,” he says. Allowing lifestyle creep as your career grows “On social media, everyone seems to be traveling and going out to amazing dinners,” Raimondi says.

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Do Women Need to Save More When Planning for Retirement?

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Just don’t let your lifestyle negate your increase in pay. You work hard and deserve a little fun, but curb the impulse to increase your shopping budget or upgrade your living space before you bump up your retirement accounts. It means they are legally and ethically required to put your interests ahead of their own.