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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. Liabilities are debts you owe others, like a loan or a balance on a credit card. It’s also a good idea to check it if you’ve made a big debt payment or had a significant increase to your savings or retirement accounts.

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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.)? What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? Am I anticipating any major life events with significant expenses attached (like a new baby or retirement)?

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Answering Reader Mail: Can an EA salary support a family?

Musings of a High-Level Executive Assistant

I believe you can raise a family on an EA salary whether alone or with a significant other. You should have 3 savings accounts - retirement, rainy day, and emergency. Retirement is your 401k, CDs, cash, etc. While you are at it, do as much automatic or online bill pay as you can - rent, phone bill, etc. Do a great job.

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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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But getting stuck in a cycle of accumulating and paying debt can create long-term emotional and financial damage that hold women back from other financial priorities such as buying a home, investing in the stock market or saving for retirement. The debt payoff plan I find effective and accessible for many people is the “Debt Avalanche”: 1.

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You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

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This panic arrives the moment we realize we’ve strayed too far from the paycheck mothership and feel compelled to run back to the salaried womb. There is an escape from the Money Panic, and it doesn’t involve selling off retirement investments or increasing your credit card limit. Congratulations! Take a vacation.

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44 Ways to Kick-Start Your New Year

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Call one of your children on the phone. I want my financial future to be bright and to have no worries when I’m older and ready to retire. 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. Take a nap.

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