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5 Long-Term Financial Goals and How to Achieve Them

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Pay off major debts Expected time: 5+ years Account types: Credit card debt, mortgage, student loans, car loans Getting out of debt is essential to the success of your other long-term financial goals. Most people use a mortgage to buy real estate, but many mortgage lenders ask for at least 20% of the purchase price as a down payment.

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How to Set and Achieve Financial Goals

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In this guide, we’ll look at different types of goals, how to set financial goals and offer some expert tips to help you reach your goals on time. For example, say you have $500 per month to put toward your goal of paying off $2,000 in credit card debt. Choose an account type. Check in regularly.

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7 Short-Term Financial Goals and How to Achieve Them

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Let’s take a closer look at how to set a short term financial goal through these seven examples. Create an emergency fund Expected time: 6-12 months How to start an emergency fund: An emergency fund is a savings account with enough money to cover 3-6 months of living expenses. What is a short-term financial goal?

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Business Travel Is Back: How to Maximize Your Miles

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As Neff has learned, one key to doing that is having a good rewards credit card—and taking advantage of everything it has to offer. The right credit card for your business travel needs will depend on several factors, including the size and maturity of your business, your expense levels and your credit profile.

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How to Teach Your Kids About Credit Cards

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On the surface, credit cards seem pretty straightforward: You use your card to purchase items and then pay the balance at the end of the month. But as many of us have learned the hard way, using credit can be all too easy, and you can go into debt quickly. Understand how credit works.

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Don’t Let Shame Around Money Rule Your Life: How to Heal It

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Listen to this week’s episode of the rich & Regular podcast and keep reading below to learn how to work with shame instead of letting it rule your life. . Overspending: Thinking that you’re so deep in debt that what’s one more charge on the credit card or one more night out, so you just keep digging yourself a deeper and deeper hole.

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How to Find Your Money ‘Why’

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How many bath bombs have been purchased on credit cards in the name of self-care? How many unused vitamins and supplements under the name of wellness? Faced with spending decisions , you might ask yourself whether a purchase supports your core values. Pink things for breast cancer awareness?