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A Veteran of the Digital Nomad Community Offers Her Best Tips for the Location-Independent Lifestyle

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Is it feasible for Digital Nomads to save up for retirement, even if they aren’t living in one place and are unable to contribute to traditional retirement plans? There are a lot of options out there to save for retirement , and most of them aren’t restricted by being a digital nomad. Absolutely. Photos courtesy of Krystal Pino.

Lifestyle 264
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3 Financial Tips to Consider Before Pursuing Your Passion Full Time

Success

You should plan to have at least six to 12 months of cash on hand just in case your new business venture isn’t able to fund your lifestyle. Most conversations about investing tend to focus on retirement planning and thus a lot of attention is paid to 401(k) and IRA accounts. Get out of debt. Starting a business is hard enough.

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A Single Mother Struggling to Budget Weighs the Balance Between Just Surviving and Really Living

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I quickly learned that with small children, every moment you are away from them costs money. When I went to buy it myself, I was a little taken aback to learn it cost over $200 for a little more than an ounce. I do have retirement accounts and 529s, though both have tanked, while my grocery bill (like everyone else’s) has crept up.

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

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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. They made all the improvements for the home, but by the time everything was said and done—between closing costs and renovation payments—they made less than $20,000. “I We’re done. That’s it.”.

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

Success

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. They made all the improvements for the home, but by the time everything was said and done—between closing costs and renovation payments—they made less than $20,000. “I We’re done. That’s it.”.

Travel 246
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Liminal Space: Why This Period of Nothingness Is Critical to Being Present and Processing Your Thoughts

Success

As humans, we see things that hold uncertainty as bad, something to avoid at all costs,” he says, adding that we zoom around without much awareness or intention. Learn If your commute was your time to space out and read articles on your phone or in a hard copy newspaper or magazine, you may love carving out some time for learning.

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You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

Success

There is an escape from the Money Panic, and it doesn’t involve selling off retirement investments or increasing your credit card limit. You can’t expect to live the lifestyle you had while under the protection of a payday every two weeks. This article originally appeared in the September/October 2021 issue of SUCCESS magazine.

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