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5 Long-Term Financial Goals and How to Achieve Them

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Your long-term goals are an important aspect of your financial health. 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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What Is My Net Worth?

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A positive net worth is a sign of financial health; the higher your number, the better you’re doing. You may be spending more than you earn and using credit cards to help you cover expenses. Liabilities are debts you owe others, like a loan or a balance on a credit card. What are my liabilities?

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7 Money Mistakes You’re Making in Your 20s

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Here are seven money mistakes from your 20s that you can easily drop to help get your financial health in good shape. 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? Agreeing without asking for better terms.

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7 Short-Term Financial Goals and How to Achieve Them

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Pay off high-interest debt Expected time: 6-12 months How to pay off debt: If you’re dealing with high-interest debt, such as credit card debt, paying it off is a great short-term financial goal. You might even think of an HSA as an emergency fund specifically for health care emergencies.

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How to Set and Achieve Financial Goals

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Medium-term: These goals will take longer to reach than short-term goals but are still generally achievable in the next one to five years, such as paying off credit card debt or saving for a new car. For example, say you have $500 per month to put toward your goal of paying off $2,000 in credit card debt.

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Money Remains a Top Stressor for U.S. Adults—Here Are Some Tips to Better Manage Stress (and Finances)

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Research shows that people who suffer from high levels of debt stress have health risks ranging from ulcers and migraines to heart attacks. Bureau of Labor Statistics reports that roughly two-thirds of our economy is fueled by consumer spending, much of it in the form of credit card debt. Sustainable or Not?

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How Employers Can Better Serve Neurodiverse Employees in 2023

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Take time to review how potential candidates learn about your organization and mental health values, as well as the benefits and resources you offer,” he says. She’s like, ‘my autism won’t allow me to do that,’” when the company suggested charging expenses to a credit card to then be paid back for travel.

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