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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. Soaring food prices: grocery prices have increased by 25% over the past four years.

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4 Smart Money Moves to Plan for Financial Security

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Plus, an unsurprising majority of this age group feels stressed when thinking and talking about finances. But running away from the stress of planning for your finances only causes that stress to pile up and keeps your financial situation something you’re not proud to talk to your parents or friends about. Trust me: I get it.

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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. Soaring food prices: grocery prices have increased by 25% over the past four years.

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Transforming Your Relationship with Money

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It can be as simple as a missed credit card payment and the resulting fee haunting you from years past, or maybe you had a house foreclosure or car repossession. Thankfully, your relationship with money doesn’t have to be a futile struggle, but it does take effort to turn that relationship into something healthy. <iframe

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A Single Mother Struggling to Budget Weighs the Balance Between Just Surviving and Really Living

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Right after the workshop, I purchased Egyptian cotton sheets and a duvet cover. These days, my biggest “little” indulgence is the way I use my credit card reward points. I have a Roth IRA and bonds; I refinanced my mortgage when the rates were low; I try to never carry credit debt; and I still drive a car I bought in 2006.

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How My Experience as a Black Entrepreneur Shaped My Views on Building Financial Freedom

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What if he wrote down my name from my credit card and used it to find out who I was? Instead, in an effort to avoid conflict altogether, they are far more likely to quit, which could have a negative impact on their earning potential, retirement account contributions, health care coverage and other financial employee benefits.

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8 Pieces of Financial Advice for New College Graduates

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College graduation is exciting and stressful as you look for a job and start work in your chosen field. You may need to create rules for yourself, like that a percentage of your paycheck needs to go toward retirement savings before you can buy something just for fun. It’s like stealing from yourself now to pay for purchases later.