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4 Steps Everyone in Their 20s Should Take to Beat a Potential Recession

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According to the Nationwide Retirement Institute, 15% of Gen Zers and millennials “reduced contributions to their 401(k) and similar retirement plans over the last year.” On top of that, the market created careers and industries that didn’t exist before. But if there was ever a time to make financial cutbacks, this isn’t it.

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

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Market analysis: What are the current trends in your industry? Be clear on how you’ll set your business apart in your industry. Are you currently earmarking 15% to 20% of your income for retirement? But if you’re starting a business, then you generally won’t have income to put toward retirement at first.

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As I Enter My 60s, Here’s the Advice I Would Give to My Younger Self

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Now, as I watch the media industry implode, see companies downsize or fold completely, feel empathy for so many people getting laid off and read stories about pay inequity between men and women in similar roles, I’m so glad my business, my income and my future rests solely in my hands. Setting budgets. I wanted the “security” of a job.

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2023 Financial Forecast: How to Prepare for the Year Ahead

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It’s become more difficult in the past year, however, to know what your expenses will be each month—and that makes it all the more challenging to stick to a budget. In the past year, two dynamics in the broader economy have made it especially difficult to stick with a budget and avoid racking up debt.

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Brand Storytelling Guide: 7 Ways to Make Your Brand Pop

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And although direct comparisons with your competition should be avoided, you do know the grievances people have in a particular industry. Nearly everyone has a grievance regarding a home improvement contractor going over time and over budget. We publicized retirement planning blogs as part of our brand story of caring for seniors.

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Ep 209: Molly Denham on Remote Work and Career Paths for Administrative Professionals

LEADERASSISTANT.COM

Following her retirement from military Service, she started a one-woman business providing virtual administrative support to retired General Officers and independent consultants in the defense industry.

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16 Rich Habits

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If you want to end your financial struggles, you need to make a habit of saving and budgeting what you spend. Here are some sensible ways to budget your monthly net pay: Spend no more than 25 percent on housing, no matter if you own or rent. Contribute as much as you can afford to a retirement plan. Read every day.

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