Success

MAY 29, 2023

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. Zero : If you add up all of your assets and liabilities and come up with zero, you are balancing debt and income.

Credit Card 264

Credit Card Expenses Finance Retirement 264

Success

FEBRUARY 13, 2024

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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Goals Credit Card Retirement Expenses 288

Success

MARCH 15, 2022

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. TRY THIS: The app Acorns rounds up each of your purchases and invests the spare change.

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Credit Card Salary 2016 Purchasing 264

Success

APRIL 19, 2023

If you’ve ever had to pull out a credit card to deal with a dentist or emergency vet bill, you likely know the pain of wondering how you’ll pay for an unexpected expense. If you have dependents, heavy debt or access to other funds, like a partner’s salary or unemployment insurance, the amount you need to save will vary.

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Credit Card Expenses Retirement Goals 299

Success

APRIL 8, 2024

That keeping up with the Joneses can lead to expenses surpassing income—and the debt that comes with it. The same study from Debt.com found that one in three credit card holders in the U.S. have maxed out their credit cards to cover expenses due to inflation. There are tradeoffs. Mahoney asks.

Credit Card 130

Credit Card Retirement Lifestyle Expenses 130

Success

SEPTEMBER 3, 2022

For anyone who lived through the fear and uncertainty of the 2008 financial crisis, hearing ‘recession’ from news anchors and pundits can bring up anxiety and fear. How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? Beef up your emergency fund. Consider your skills and upskill.

Credit Card 287

Credit Card 2008 Expenses Finance 287

Success

JUNE 12, 2022

If you’ve been working on upskilling and taking advantage of employer-offered education, now might be a great time to find a better job with a higher salary, thanks to the Great Resignation. Remember to focus on consistency over significant wins.

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Retirement Medical Credit Card Budget 230