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Lessons From Past Recessions

Success

How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? Having a solid cushion to fall back on if you lose your job or experience a salary reduction can help you avoid going into debt and offer you peace of mind when listening to grim economic news. . How much cash can I quickly access if needed (i.e.,

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44 Ways to Kick-Start Your New Year

Success

Find a mentor. I just started my own business, and I want to evaluate my income versus my expenses to see where I am currently, with the ultimate goal of hitting the salary I want to make. Ask questions of mentors and peers. Cut up credit cards. Take stock and charge forward. Why didn’t I win them last year?

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16 Timeless Truths of Financial Freedom

Success

My new career was straight commission—zero salary. One day, she meets a barista named Henry who becomes her mentor. The “down” escalator is racking up debt on high-interest rate credit cards , going into debt to buy things you don’t need, taking out payday loans, and borrowing money to invest in things that can go down in value.