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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.

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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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Market analysis: What are the current trends in your industry? Be clear on how you’ll set your business apart in your industry. Do I have a good handle on my personal finances? Are you currently earmarking 15% to 20% of your income for retirement? suppliers, margins, and so forth). Who are your target customers?

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When Considering Your Investment Strategy, Keep These 3 Rules in Mind

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For example, if you’re intrigued by cryptocurrency but don’t want to go all in, you might consider investing in publicly traded companies that are heavy players in the crypto industry or exchange traded funds [ETFs] that allow you to invest in groups of these companies so you don’t have to choose between the best performers.

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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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With a financial industry that disproportionately targets marginalized groups while giving advantages to cisgendered white men, the very act of a woman pursuing financial literacy and wellness is feminist. This industry was not created to be easily accessible for women, and it can be challenging to know where to start.

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3 Steps to Take Before Going Into Business for Yourself

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Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. Additionally, many companies offer a retirement plan and match employees’ contributions. That’s free money going toward your retirement that you’ll need to start saving yourself. Create a plan. Work with professionals.

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Dymo's CardScan iPhone App Illustrates Several Key Trends

Small Business Labs

To add to the usefulness of mobile devices the recent release of the device that allows you to swipe credit cards will really take small businesses to the next level. The wave of mobile devices is definitely here. You'll be able to process a customer's order and even email them the receipt from your vehicle. View an alternate.