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5 Long-Term Financial Goals and How to Achieve Them

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These goals provide motivation, direction and discipline when managing your finances. While still making the minimum payment on all of your debt, focus on paying down high-interest debts first using extra funds in your budget. Long-term financial goals are your money objectives that will take more than a few years to achieve.

Goals 259
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How to Say No to Someone Asking for Money

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Although those situations can be mildly challenging to say no to, it’s not too difficult to create a budget line to prepare for them and move on. Listen to this week’s episode of the rich & REGULAR podcast on financial help and continue reading below for some ideas on how to say no graciously when someone asks you for money. <iframe

Budget 250
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How to Know If You’re Financially Ready to Start a Business

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For example, if a relative gives you an intrafamily loan, they’ll want to charge a minimum interest rate so it doesn’t count as a gift (which would trigger gift taxes). Do I have a good handle on my personal finances? So to determine whether you’re financially stable , you’ll need to do a deep dive into your personal budget.

Expenses 342
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8 Pieces of Financial Advice for New College Graduates

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After all, learning how to manage your finances before money mistakes happen can help you avoid easy-to-make slip-ups like dings to your credit score or an overdrawn bank account. If you just traded in your cap and gown for your first taste of real adulting, managing your finances might feel like an overwhelming task.

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Purpose Over Paychecks: Patrice Washington’s Advice for Building Wealth Organically

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As I went about the next several years looking to rebuild my life, it was not about budgets and credit reports,” she says. “I It’s the premise of her latest book, Redefine Wealth for Yourself: How to Stop Chasing Money and Finally Live Your Life’s Purpose. Some finance gurus preach entrepreneurship and nothing else.

Finance 290
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9 Steps to Start a Business as an Ex-Convict Entrepreneur

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Felon entrepreneurs face additional challenges, including not being able to rent a commercial space for their business and not being able to get start-up financing. Decide how to tell your story Justice-impacted entrepreneurs face a dilemma in addressing their pasts. Hearn says big-budget loans are possible, though.

Mentoring 130
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9 Steps to Start a Business as an Ex-Convict Entrepreneur

Success

Felon entrepreneurs face additional challenges, including not being able to rent a commercial space for their business and not being able to get start-up financing. Decide how to tell your story Justice-impacted entrepreneurs face a dilemma in addressing their pasts. Hearn says big-budget loans are possible, though.

Mentoring 130