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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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Everything You Need to Know About Emergency Funds

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If you’ve ever had to pull out a credit card to deal with a dentist or emergency vet bill, you likely know the pain of wondering how you’ll pay for an unexpected expense. Break the total you’re aiming for into a monthly savings target and set up automatic withdrawals on payday to help you contribute without thinking about it.

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A Veteran of the Digital Nomad Community Offers Her Best Tips for the Location-Independent Lifestyle

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I had the chance to travel the world while working , which I didn’t realize was possible. One thing about travel is the longer you travel, the more places you want to go. How I choose my accommodations largely depends on the type of travel. Is it important for digital nomads to have a home base when planning to travel?

Lifestyle 264
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7 Money Mistakes You’re Making in Your 20s

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for the ATM and up to $5 to your bank. Paying credit card interest or fees. A credit card can be a useful tool. Some offer reward programs like cash back, grocery points or travel discounts that can be very worthwhile. You’ll end up paying nearly $4,000 in interest—on top of the $3,000 debt.

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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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5 Smart Money Hacks to Help You Budget for the Holidays

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But even with inflation going down, I knew I could be setting myself up for disappointment. So, before I start shopping, I come up with a realistic figure that I can spend on holiday presents. One year, I even wrapped up some of my favorite books from my bookshelf to give. I honestly love gift-shopping. Increase your income.

Budget 328
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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? Not wanting to make such choices can be part of how we end up in consumer debt. Take a moment to list your financial priorities : remodeling the house, saving up an emergency fund, freeing yourself from credit card debt, building a college fund.