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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. Not to mention, low wages, staggering student debt and compounding credit card debt. In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds.

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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

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Online personal development courses can help you build inner peace and soft skills. Calculate your monthly income, track your spending, determine your goals and priorities and develop a plan to manage your expenses. Save more for retirement. Increase contributions to retirement accounts such as your 401(k) or IRA.

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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. Not to mention, low wages, staggering student debt and compounding credit card debt. In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds.

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How Financial Wellness Programs Can Benefit Employees and Employers

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Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. What’s more, because people often experience some shame around some of their financial challenges, employees can participate in YNAB courses anonymously.

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4 Smart Money Moves to Plan for Financial Security

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They don’t have a purpose for the money they’re saving, and they often end up splurging on stuff they don’t really need (or want) rather than using it to fund a life goal such as buying a house or saving up for retirement. So only adjust your emergency fund if your monthly expenses increase, you get a raise, or you gain dependents.

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5 Smart Money Hacks to Help You Budget for the Holidays

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Of course, we can make attempts like embracing self-care. Of course, there are times when I plow right through those meager earmarked funds and have to get inventive. For years, I put in for my FSA reimbursement to be paid out in December and used it like a “holiday bonus” to cover my extra expenses. Increase your income.

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How to Find Your Money ‘Why’

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Of course, this is by design. How many bath bombs have been purchased on credit cards in the name of self-care? Take a moment to list your financial priorities : remodeling the house, saving up an emergency fund, freeing yourself from credit card debt, building a college fund. Don’t list too many.