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5 Long-Term Financial Goals and How to Achieve Them

Success

What are long-term financial goals and why are they important? Long-term financial goals are your money objectives that will take more than a few years to achieve. Your long-term goals are an important aspect of your financial health. These goals provide motivation, direction and discipline when managing your finances.

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

Success

It all started with a goal. In the two years since accomplishing that goal, I have gone on to start a multi-seven figure business; attracted a social media audience of more than 3 million; hosted the No. Get familiar with your finances. Knowledge is power, and knowledge of our own finances is especially powerful.

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What Is My Net Worth?

Success

Many people focus on one or two areas of their finances but don’t stop to look at the big picture and confirm that they’re moving in the right direction overall. You may be spending more than you earn and using credit cards to help you cover expenses. If you have a zero or negative net worth, don’t panic. What are my assets?

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3 Common Money Myths Debunked

Success

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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How to Reframe the Way You Think About Money

Success

I studied finance in college and then worked in financial services, and I still didn’t know anything about my own money. When we shift our money goals to be intentional acts of self-love, rather than acts of restriction and self-deprivation, it becomes much easier to take the actions that get us closer to reaching our goals.

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Do you know your numbers? Revenue vs. Income – The difference can make or break your company

Stephanie LH Calahan

  Those deposits could have been any of the following; cash, check, wire transfer or the processing of credit card payments. If you are a solopreneur or freelancer your net income is essentially the salary you are paying yourself.  A company can have millions, even billions in revenue, and still be losing money!

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3 Critical Financial Steps to Starting a Local Business

Small Business CEO

At the same time, the goal is to be able to hire experts to handle other departments at some point in the future so you can focus on building and growing the business. Consider your salary (and be reasonable), the salary of any employees you may have, overhead, and so on down to small office supplies like ink for the printer.