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5 Long-Term Financial Goals and How to Achieve Them

Success

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. Most people use a mortgage to buy real estate, but many mortgage lenders ask for at least 20% of the purchase price as a down payment.

Goals 286
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What Is a Credit Freeze, and Should I Do It?

Success

It’s also important to note that while a credit freeze can make it much harder for someone to open an unauthorized account in your name, it does not prevent identity theft on its own. For example, if someone steals your credit card number, a credit freeze won’t stop them from making unauthorized purchases.

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

Not to mention, low wages, staggering student debt and compounding credit card debt. In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. Soaring food prices: grocery prices have increased by 25% over the past four years.

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

Not to mention, low wages, staggering student debt and compounding credit card debt. In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. Soaring food prices: grocery prices have increased by 25% over the past four years.

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4 Smart Money Moves to Plan for Financial Security

Success

Besides all the external factors that have essentially set them up for, well, failure (think the Great Recession and the COVID-19 pandemic), only 16% of millennials can be considered financially literate, according to George Washington University’s Global Financial Literacy Excellence Center. Trust me: I get it. The key is to start today.

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Snail Mail 101

Clutter Coach

If you have a business partner but not an office manager, divide up responsibilities. I know they have fascinating and important information in them, but you don’t have time to read them and keep up with what came in today. Whether you shred or not is up to you. Also shred credit card applications.

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Finance for Recruitment Entrepreneurs

Recruit CRM

For the purpose of finance, your company will be treated as a separate legal entity, i.e. separate than the promoter (or shareholders). You can always seek any accountants help for initial set-up. Most software has in-built integrations and can be connected with your business bank accounts and credit cards. in Finance.

Finance 52