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5 Long-Term Financial Goals and How to Achieve Them

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What are long-term financial goals and why are they important? Long-term financial goals are your money objectives that will take more than a few years to achieve. Your long-term goals are an important aspect of your financial health. These goals provide motivation, direction and discipline when managing your finances.

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What Is My Net Worth?

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You may be spending more than you earn and using credit cards to help you cover expenses. How to calculate net worth To calculate your net worth, you need to know what you have and what you owe. Liabilities are debts you owe others, like a loan or a balance on a credit card. What are my assets?

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How to Reframe the Way You Think About Money

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When we shift our money goals to be intentional acts of self-love, rather than acts of restriction and self-deprivation, it becomes much easier to take the actions that get us closer to reaching our goals. Most of us would absolutely love to double our salaries. The language we use around money is really important.

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The Biggest Financial Mistakes to Avoid in Your 20s

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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. It comes down to an individual’s values and goals.

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The Financial Benefits of Thinking Like an Entrepreneur

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My father taught me how to think like an entrepreneur. I maxed out credit cards and treated my lines of credit as a source of capital to fund my next new business idea. Through those tests, I learned how to make a sustainable income. But it just seemed like a very long path toward my goals.

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

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. It comes down to an individual’s values and goals.

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44 Ways to Kick-Start Your New Year

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Is there one thing that will make the difference between actually achieving your goals and chalking them up to yet another year’s unfulfilled resolutions? How to Start the New Year Right. Visualize your goals as already complete. Write a 101 life-goal list. Reach my financial goals. Or maybe a little overwhelmed?

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