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Using a Financial Planning Checklist Can Help You Meet Your Goals

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Although it might sound tedious, dedicating a little time to checking in on your bank statements, confirming you’re saving enough for retirement and reviewing the financial goals from the beginning of the year can help ensure you are on the right track. It also gives you time to make corrections if needed.

Goals 297
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The Biggest Financial Mistakes to Avoid in Your 40s

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Others may be trying to maximize their retirement savings while filling in the gaps of their parents’ savings. Is it aligning with your values and goals?” Failing to plan for and adjust as circumstances change As clients consider how they’ll reach savings goals, Guglielmetti recommends they look for pivot points.

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5 Financial Basics Everyone Should Know

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But the concepts that can really make a difference to your long-term goals, like budgeting and saving for the future, can get ignored in favor of more exciting ideas like playing the stock market or the latest viral TikTok trend. Ignoring the flash isn’t easy, and creating a system that works for you can take time and trial and error.

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Do I Really Need a Budget to Manage My Money?

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Finding the right system for you can help keep your finances on track without feeling like you want to pull your hair out. Don’t forget to include something, even just a few dollars, to add to your emergency fund and retirement savings. Ambitious savings goals are great. Be careful about saving more money than you can manage.

Budget 221
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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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It all started with a goal. In the two years since accomplishing that goal, I have gone on to start a multi-seven figure business; attracted a social media audience of more than 3 million; hosted the No. I wanted to save $100,000 by age 25. What does it mean to pursue financial feminism? One of my favorite tools is the “Money Date.”

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‘Money Boss’ Jo Davison’s 5 Steps for Taking Control of Your Finances

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She coined her “Money Boss” system after she and her husband started a brick-and-mortar chiropractic practice together. Rather than deny themselves small luxuries because they “should” save money, Davison recommends weighing those individual choices against bigger goals.

Finance 286
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8 Pieces of Financial Advice for New College Graduates

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Following a financial independence plan, which includes a savings system and budget, will be the key to chasing your goals while maintaining a roof over your head and food in the fridge. By focusing on a few key areas, you can create a system that works for you. 30% is for wants, like entertainment, eating out or travel.