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2023 Financial Forecast: How to Prepare for the Year Ahead

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Americans increasingly pulled out their credit cards to pay for a whole slew of more-expensive goods and services, which resulted in the biggest surge in credit card debt in more than 20 years. As you think about your personal finances heading into 2023, credit card debt should be top of mind.

2023 306
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Lessons From Past Recessions

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How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? Am I anticipating any major life events with significant expenses attached (like a new baby or retirement)? It’s a good idea to know people outside your primary industry to help you pivot if one sector gets hit particularly hard during a downturn.

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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. Are you currently earmarking 15% to 20% of your income for retirement? But if you’re starting a business, then you generally won’t have income to put toward retirement at first.

Expenses 342
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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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16 Rich Habits

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Stay away from accumulating credit card debt. Contribute as much as you can afford to a retirement plan. Wealthy individuals, on the other hand, make themselves invaluable to their employers or customers, writing articles related to their industry, speaking at industry events and networking. Set goals, not wishes.

Mentoring 317
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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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Ep 243: Nicole Grinnell on Delegation and Unlocking Your Productivity Potential

LEADERASSISTANT.COM

Her strong work ethic and her own experience as an executive assistant in the corporate world has formed her into the leader she is today in the staffing and marketing industry. In what industry? Nicole Grinnell 5:57 Yeah, so I’m the CEO that I was mainly supporting, actually retired. Jeremy Burrows 3:57 Nice.

AT&T 72