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What Companies Can Learn from the Southwest Airlines Crisis

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But it neglected to pursue long-term resiliency by investing in, for example, a systems upgrade, which is expensive and only provides “unmeasurable future benefits.” That way you can perform a cost-benefit analysis of a decision and determine how that choice might lead to possible business disruptions. But don’t wait.”

Learning 260
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3 Smart Money Moves to Make Before Starting a Business

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Although it’s tempting to get scrappy and assume you’ll learn and create a financial plan for your new business on the fly, it’s better to think ahead so you can avoid costly mistakes that you can’t afford. If you decide to seek outside capital, look at your options and review the pros and cons. Do your prep work.

Finance 345
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Should People with Grit Ever Give Up?

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You’ve just encountered a major obstacle, and now completing the project will be a lot more expensive and take much longer than you initially planned on. We have mid-level goals that are broader, but still discrete, like learning a new skill or starting a new hobby or business venture. We get stuck in a sunk cost trap.

UPS 279
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Do I Need to Buy Life Insurance?

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Keep reading to learn about the different types of life insurance policies, how to determine if you need to buy it, and how much your policy should be worth. People purchase life insurance to help their families replace lost income and cover final expenses after death. Whole life insurance tends to cost more than other policies.

Policies 243
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Business Travel Is Back: How to Maximize Your Miles

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Like any business owner, one of Neff’s focuses is keeping his business costs down , and when it comes to travel, one way he’s found to do that is with a good travel rewards card. As Neff has learned, one key to doing that is having a good rewards credit card—and taking advantage of everything it has to offer. 1 Business or personal?

Travel 319
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The 10 Best Goal Setting Apps to Help You Stay on Track

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How much does the app cost? Some apps require monthly subscriptions, which can get expensive. Think about how you work best and choose a goal-setting app that will seamlessly fit into your current workflow. Are there subscription fees? per month, $29.99 per year or $79.99 for a lifetime subscription.

Goals 288
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Is Mint the Best Budgeting App for Me?

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If you’re looking for a budgeting app that’s free, highly rated and easy to use, check out our review of Mint by Intuit. Mint also offers educational resources to help you learn about personal finance and various calculators to help you with your retirement planning , debt repayment timeline or savings rate. It costs $4.99

Budget 238