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5 Long-Term Financial Goals and How to Achieve Them

Success

These goals provide motivation, direction and discipline when managing your finances. 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.

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6 Real-Life Budgeting Tips to Save More Money

Success

I make an average salary. How to save more money Now that I’ve upgraded from a piggy bank to a checking account, I’ve been able to identify the best ways to save money for the future without compromising my lifestyle in the present. I have different credit cards for different rewards, but I only swipe a few of them on a daily basis.

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Lessons From Past Recessions

Success

Having a plan in place can also help you find some silver linings and free your mind to see some of the opportunities a downturn can present. Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand. As part of your financial plan, consider the following: Review your finances.

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

Stephanie LH Calahan

I recently had the honor of presenting as part of Fire Up Your Biz – Enrich Your Life.    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.