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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

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However, important skills like when and how to manage your finances don’t come naturally to many. Lesley Tenaglia, a mortgage agent at both Ultimate Mortgage and Finance Solutions Inc. That’s right—manifest your finances like you would for that front row parking spot. Retired professor Timothy G. and Fuse Mortgage Inc.,

Finance 279
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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. Save for retirement Expected time: 10-35 years Account types: Retirement plans including IRAs, 401(k)s and pensions Planning for retirement is one of the most common long-term financial goals.

Goals 288
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2023 Financial Forecast: How to Prepare for the Year Ahead

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And with a new year approaching quickly, it can be a good opportunity to take stock of what’s happened in the past year—in your personal life, career and with your finances—and think about what changes you’d like to make in the year ahead. As you think about your personal finances heading into 2023, credit card debt should be top of mind.

2023 306
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7 Money Mistakes You’re Making in Your 20s

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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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4 Smart Money Moves to Plan for Financial Security

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That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. But it’s really no surprise that millennials have trouble dealing with their finances. Plus, an unsurprising majority of this age group feels stressed when thinking and talking about finances. Trust me: I get it.

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Lessons From Past Recessions

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Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand. As part of your financial plan, consider the following: Review your finances. How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? Beef up your emergency fund.

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

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To get all your ducks in a row and ensure you’re ready to jump into creating a new company, you need to craft a robust business plan that accounts for the myriad financial considerations of setting up a business. Do I have a good handle on my personal finances? Are you currently earmarking 15% to 20% of your income for retirement?

Expenses 342