Remove Credit Card Remove Equipment Remove Expenses Remove Retirement
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Lessons From Past Recessions

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brokerage accounts, selling a second car or hobby equipment, potentially downsizing, etc.)? How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)?

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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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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

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I’m no stranger to setting lofty money goals : At 9 years old I became cognizant of the idea of college—a seemingly far-off milestone that my parents described as “important” and “expensive”—and decided I needed to proactively save money for my college education. Get familiar with your finances. One of my favorite tools is the “Money Date.”