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The 6 Biggest Financial Mistakes to Avoid in Your 30s

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That keeping up with the Joneses can lead to expenses surpassing income—and the debt that comes with it. The same study from Debt.com found that one in three credit card holders in the U.S. have maxed out their credit cards to cover expenses due to inflation. While the average age in the U.S. in 2011 to 27.3

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7 Ways to Save Money on Groceries without Clipping Coupons

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This is on top of an 11% rise in retail food prices from 2021 to 2022, according to the Government Accountability Office (GAO), the most significant increase in 40 years. Other reasons include: Increased labor costs: The cost of producing food is rising as the labor market tightens. That’s 200% higher than prices in 2021.

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3 Ways to Avoid Overspending During the Holidays

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Every January, we would find ourselves with a large credit card balance and would have to adjust our goals to make up for it. As income goes up, it’s natural to want to treat yourself to something more than what you have, but we’ve noticed that this is where a lot of people get stuck on their financial journey.

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Avoid Using “Buy Now, Pay Later” By Planning Ahead

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But while it can be a convenient way to make purchases and get the things you need without using a credit card, it can also become a financial headache if you aren’t careful. Falling behind on payments can mean late fees and possibly even a dip in your credit score if the problem isn’t fixed quickly. Remember, it’s still debt.

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The Ubiquitous Anywhere Worker — A Passing Fad Or The Future Of Work?

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A new cross-generational workforce of digital nomads is breaking traditional workplace boundaries and setting up remote worker villages across the globe. In 2021, over 15 million Americans described themselves as digital nomads. It has meant that workers can retain (or increase) their salaries whilst cutting costs in other areas. .

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4 Smart Money Moves to Plan for Financial Security

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Besides all the external factors that have essentially set them up for, well, failure (think the Great Recession and the COVID-19 pandemic), only 16% of millennials can be considered financially literate, according to George Washington University’s Global Financial Literacy Excellence Center. Trust me: I get it. The key is to start today.

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Rent vs. Buy: What’s the Right Decision for You?

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They didn’t have the income or credit to buy and struggled with student loan and credit card debt, so it was harder to save for a down payment.”. Maintenance also costs money, often more than anticipated by homeowners. Average rents rose 16% in 2021, according to Zillow. The Appeal of Homebuying. Life Plans.

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