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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. Why do I need to calculate my net worth?

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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

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Commit to a regular workout routine such as yoga or running to improve your health and feel great. Empower yourself to live debt-free by paying down high-interest debts such as credit cards. Improve your credit score. Exercise daily. Create a better work-life balance. Strive for quality sleep. Save more for retirement.

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How to Create a Budget: 6 Steps to Get You on the Path to Financial Security

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We all know expenses exist, but the numbers keep adding up—rent, water, trash, electricity, cable, Internet, car insurance, renter’s insurance, gas, cell phone. The cost of building a life isn’t. It all feels a bit much. Dive into a digital finance manager, excel sheets, worksheets and a homemade bill binder.

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Lessons From Past Recessions

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How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? How much cash can I quickly access if needed (i.e., Consider your skills and upskill.

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How to Build a Library Worth Having

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Here’s a mindset to guide you as you begin: Your library needs to show that you’re a serious student of life, health, spirituality, culture, uniqueness, sophistication, economics, prosperity, productivity, sales, management, skills and values of all kinds. Kids need to start learning the difference between a debit and a credit card.

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Master Your Memory with Ron White

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Now try to find the phone number of a friend. File 20: Credit card sharing with your friends—You must share the credit. Now imagine taking all the files out of the folders in your computer and dumping them on the desktop. An average untrained brain functions quite like this, according to White.

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4 Smart Money Moves to Plan for Financial Security

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If you’ve taken any kind of personal finance course, you probably know about the importance of an emergency fund to your overall financial health. The recommended emergency fund amount to save for is three to five months of living expenses (think rent, utilities, phone bills, and so forth) in some form of cash.