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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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People in their 50s are facing financial headwinds that include higher costs of living, rising debt, the disappearance of pension funds and an increased reliance on Social Security. Falling victim to lifestyle creep Brown says people in the high-earning decades of the 50s can easily fall into the trap of lifestyle creep.

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Do I Need to Buy Life Insurance?

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In addition to the length and amount of the policy affecting the cost, finalizing a life insurance quote may require a medical exam before the policy can be underwritten and implemented. Want to cover your funeral or burial expenses so your heirs don’t have to use your estate to cover the costs.

Policies 225
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

Become a digital nomad The rise of remote work and the gig economy has made it possible for freelancers to embrace the lifestyle of a digital nomad. This lifestyle choice can also have tax advantages. According to a report published by the Pew Research Center , “Roughly three years after the COVID-19 pandemic upended U.S.

Legal 261
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The 40-Hour Workweek Is Dying—This Is the Workweek of the Future

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Historical documentation shows they had at least 10-hour days and worked a minimum of six days a week. Almost overnight, the entire world moved to virtual offices , and it provoked a societal realization: Could a different schedule and lifestyle be possible? Workers were at a breaking point. Only I can do it best.

2020 343
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11 Things Organized and Productive People Do Every Day

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We fear that slowing down and organizing will kill our productivity, but the facts suggest otherwise: The average office employee spends “at least two hours a day—or 25% of their workweek—looking for the documents, information or people they need to do their jobs,” according to Glean ’s 2022 Hybrid Workplace Habits & Hangups survey. “54%

2022 331
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Travel Blogger Karen Akpan Shares How She Journeyed From Debt to Economic Freedom

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Karen Akpan, known as @themomtrotter across social media, started her blog in 2017 to document and share budget travel hacks for people. It’s called ‘lifestyle creep’ when you’re done with school so you think you have more money and can afford more things,” Akpan says. Immediately, I was like, We’ve got to sell the house. We’re done.

Travel 306
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Good to Great: 6 Tips for the Journey from Health to Strength

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In fact, health care costs in general have been rising sharply for many years, as they continue to consume a larger share of our budgets. Our hectic lifestyle leaves most of us undernourished, energy-depleted, short on sleep and in a compromised state known as “stress.” Reboot, reset, rejuvenate. Share your strength.

Health 264