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5 Long-Term Financial Goals and How to Achieve Them

Success

Pay off major debts Expected time: 5+ years Account types: Credit card debt, mortgage, student loans, car loans Getting out of debt is essential to the success of your other long-term financial goals. Regularly review your goals and adjust them as needed, such as increasing your retirement savings if you get a salary increase.

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3 Common Money Myths Debunked

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In every financial workshop, I hold with 20-somethings, there inevitably comes a point where someone utters the phrase, “But my dad said…” followed by: I should carry a balance on my credit card to improve my credit. It’s OK to settle for a starter salary. I should pay off my debt before I start saving.

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The 6 Biggest Financial Mistakes to Avoid in Your 30s

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It could be down payment money for a home, putting [funds] toward a young child’s education or investing in retirement. 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.

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How to Reframe the Way You Think About Money

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While most of us didn’t get any real money education to prepare us for something that we deal with every day, I found that the numbers part of it was actually really simple. Most of us would absolutely love to double our salaries. It’s basic math. Money in minus money out = building wealth , losing money or staying in the same place.

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Have a Strategic Plan So You Can Cash Out On Your Terms

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If you’ve been working on upskilling and taking advantage of employer-offered education, now might be a great time to find a better job with a higher salary, thanks to the Great Resignation.

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Answering Reader Mail: Can an EA salary support a family?

Musings of a High-Level Executive Assistant

I believe you can raise a family on an EA salary whether alone or with a significant other. Also look thru your employee handbook to save as much money as possible with your company matching 401k program and pre-tax contributions, employee discounts and perks, paid on going education, flexible spending accounts, etc. Do a great job.

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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

Success

I’m no stranger to setting lofty money goals : At 9 years old I became cognizant of the idea of college—a seemingly far-off milestone that my parents described as “important” and “expensive”—and decided I needed to proactively save money for my college education. I would love to get to a number that we can collaboratively agree on.”.