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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. In your 50s, you can still make a positive impact on your retirement goal. Some Americans move into a peak earning decade during their 50s.

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The Cost of Remote Work in a Technology-Centered World

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Although technology has achieved the goal of expediting work processes, it’s failed to reduce the time people are expected to spend at work—in fact, it’s potentially the main reason that expectation has only grown. The post The Cost of Remote Work in a Technology-Centered World appeared first on SUCCESS.

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The Biggest Financial Mistakes to Avoid in Your 20s

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If you ignore the data, you can get caught in lifestyle creep,” he says. Knowing their numbers is particularly important for freelancers, gig workers and/or people with side hustles —types of work that members of Gen Z are increasingly picking up. It comes down to an individual’s values and goals.

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Can I Go into Retirement Early With FIRE?

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If any of these scenarios sound ideal, you may be dreaming of a FIRE retirement lifestyle. The primary goals behind the FIRE movement are to reach financial independence and retire early, often in your 30s and 40s. These individuals may even embrace a minimalist lifestyle in general. What is the FIRE retirement movement?

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Navigating Mental Health as a Digital Nomad

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This lifestyle has been glamorized in recent years, with social media presenting the dream of flexible work, affordable living and stunning landscapes. However, the reality of the digital nomad lifestyle , like any other lifestyle, is that it is neither perfect nor for everyone. But combined, the stress compounds.

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7 Tips to Help You Plan for Retirement

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Retirement planning is usually the most significant financial goal people will work toward. Where you live, the kind of car you drive, health care costs and travel plans, among other things, will drastically affect what you spend during retirement and, therefore, how much you’ll need to save.

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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. The term lifestyle inflation or lifestyle creep is used whenever spending gradually rises over time. They add up and increase our overall cost of living. . Create a Joy Scale.

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