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2023 Financial Forecast: How to Prepare for the Year Ahead

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Americans increasingly pulled out their credit cards to pay for a whole slew of more-expensive goods and services, which resulted in the biggest surge in credit card debt in more than 20 years. As you think about your personal finances heading into 2023, credit card debt should be top of mind.

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7 Money Mistakes You’re Making in Your 20s

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To get around this, buy items you can use more than a handful of times—it’s more economical and friendlier to the environment. Paying credit card interest or fees. A credit card can be a useful tool. The credit card companies have enough money, so why give them more?

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7 Apps to Teach Kids About Money

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A 2017 study found that disparities in financial literacy may account for as much as 40 percent of the wealth gap between those retiring with more and those retiring with less. The final destination in this digitized version of the classic board game is the yellow tile labeled “Retirement.” The Game of Life. Google Play : 4.2.

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Use Mindfulness to Transform Your Financial Well-Being

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Building a mindfulness practice starts with awareness of yourself and your environment. If you tend to reach for your debit card without thinking, for example, you might wrap the card in a post-it note or sleeve that has one of your goals written on it, like your planned retirement date or a photo that represents your next big trip.

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How My Experience as a Black Entrepreneur Shaped My Views on Building Financial Freedom

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As a Black professional, he had been through his own set of uncomfortable interactions traveling on business and was all too familiar with the array of characters you meet and the variety of tactics used to wiggle out of uncomfortable environments. What if he wrote down my name from my credit card and used it to find out who I was?

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8 Pieces of Financial Advice for New College Graduates

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You may need to create rules for yourself, like that a percentage of your paycheck needs to go toward retirement savings before you can buy something just for fun. You may not be able to escape using a credit card for some unexpected expenses, especially if you’re just starting a new job and haven’t had time to build your savings.

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

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But getting stuck in a cycle of accumulating and paying debt can create long-term emotional and financial damage that hold women back from other financial priorities such as buying a home, investing in the stock market or saving for retirement. Consider charging recurring payments such as a phone or utility bill onto your credit card.