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16 Rich Habits

Success

Stay away from accumulating credit card debt. Try to stash six months of living expenses in an emergency fund in case you lose your job or your business goes belly-up. These folks keep their cars until the wheels fall off, taking great care along the way so that they save money in the long run. Set goals, not wishes.

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3 Steps to Take Before Going Into Business for Yourself

Success

Before going into business for yourself, you should have an account set aside to save for these additional expenses. According to the Bureau of Labor Statistics , the average employer paid “78% of medical care premiums for single coverage plans” in 2021, which is a nice perk. Create a plan. First, what are you trying to accomplish?

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Answering Reader Mail: Can an EA salary support a family?

Musings of a High-Level Executive Assistant

Always buy the most expensive health insurance you can afford. Emergency funds are for when you lose your job, want to switch jobs, have to buy a car, unforeseen medical bills, or anything urgent that you need. Take note on any outstanding kudos you got from your bosses and know your salary worth compared to the rest of the industry.

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