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The Biggest Financial Mistakes to Avoid in Your 20s

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Soaring food prices: grocery prices have increased by 25% over the past four years. A turbulent housing market: 2023 was the most expensive home-buying year in a decade. He recommends identifying monthly core expenses and then identifying discretionary spending. “If Contract workers have a scarcity mindset,” he says.

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The Biggest Financial Mistakes to Avoid in Your 20s

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Soaring food prices: grocery prices have increased by 25% over the past four years. A turbulent housing market: 2023 was the most expensive home-buying year in a decade. He recommends identifying monthly core expenses and then identifying discretionary spending. “If Contract workers have a scarcity mindset,” he says.

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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

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I promise this will not be another article that berates your affinity for avocado toast (pro tip, if you prepare it at home it’s half the price!) List out your purchases in an Excel spreadsheet at the end of each month and place each transaction into a bucket. advises you to write a list of financial and lifestyle goals.

Finance 279
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Do I Need to Buy Life Insurance?

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People purchase life insurance to help their families replace lost income and cover final expenses after death. Remember: The larger the policy amount or the longer you want the policy to be in effect, the more expensive the premiums. The results of your exam may influence the price you pay for life insurance.

Policies 264
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Why You Should Think Twice Before You Monetize Hobbies

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Sometimes a hobby becomes costly, and earning some cash is a way to offset the expense. In other cases, we’re approached by people who wish to purchase the fruits of our free-time labor. It was also getting expensive to do it as a hobby, [so it made sense].” Eventually, Amazon priced him out of the accessory market.

Stress 130
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If Sending Christmas Cards Feels Like a Chore, Here’s How to Politely Opt Out

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At minimum, there’s the business of purchasing, signing, addressing and mailing our greetings before the holidays arrive. Digital or e-cards are a good option if you still want to send holiday greetings, but without the time commitment and expense of mailed cards. Mailing holiday cards is a popular tradition.

Holidays 310
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This Digital Nomad Couple Sold Everything to Travel the World in a Sailboat—Here’s What They’ve Learned About Life, Goal Setting and Relationships

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Ellison and Darsy purchased Polar Seal in March 2016, but they didn’t hit the waters full time until June 2018. Ellison and Darsy thrived in active lifestyles on land, clocking dozens of miles running each week. In a more traditional lifestyle, the idea of five- and 10-year goals are common. These are five of those lessons.

Goals 306