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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

Allwork

Beyond all of that, there are also factors with long-term tax implications, such as planning for retirement and understanding the implications of the self-employed pension contributions or social security payments, which in some jurisdictions could be voluntary. Additionally, the Schedule SE form is used to calculate self-employment tax owed.

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

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. Allowing lifestyle creep as your career grows “On social media, everyone seems to be traveling and going out to amazing dinners,” Raimondi says. This helps avoid the feast or famine cycle.

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

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. Allowing lifestyle creep as your career grows “On social media, everyone seems to be traveling and going out to amazing dinners,” Raimondi says. This helps avoid the feast or famine cycle.

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Preparing to Move Overseas? Read This First

Success

Have you decided to live the #beachlife or the #retired life or just the #offgridlife? You can (or may need to) purchase international insurance. The easiest—although probably the most expensive—route is to purchase international health insurance from a company such as Cigna, GeoBlue or Aetna. Health care.

Medical 264
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Everything You Need to Know About Emergency Funds

Success

Because you’ve thought ahead and set aside money for a rainy day, you’re less likely to use a high-interest credit card, take cash out of your retirement accounts or try to access the equity you may have built up in your home. Otherwise concert tickets, electronics and spontaneous travel may drain away your hard-earned progress.

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The New Migrant Workers: "Workampers", "Vanlifers" and Digital Nomads

Small Business Labs

The new migrants are often choosing this as a lifestyle or doing it to supplement their retirement. In other words, workampers are a form of migrant workers that travel around in RVs funding their travels with some form of work.  This makes picking up part-time or seasonal work a good way to add to retirement income.

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Meet the Christmas Tree Farmers Keeping the Spirit of Christmas Alive

Success

It’s a scene straight out of a holiday movie: A family travels to an idyllic farm to cut down their own Christmas tree and spends the day walking the rows, making wreaths and sipping hot cocoa. Many farmers forgo the wholesale market by welcoming visitors to purchase fresh trees—one of some 25 million sold in the U.S. every year.

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