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3 Common Money Myths Debunked

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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. It’s OK to settle for a starter salary. I should pay off my debt before I start saving.

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The Financial Benefits of Thinking Like an Entrepreneur

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I maxed out credit cards and treated my lines of credit as a source of capital to fund my next new business idea. According to him, the entrepreneur has unlimited upside with limitless earning potential, while a job is fixed with a salary and maybe a bonus. My father taught me how to think like an entrepreneur.

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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

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Whether you are looking to negotiate a salary for a job offer or increase your salary at a current position, the key to securing an easy “yes” is preparedness. I simply don’t see the need for one when I can use credit cards and earn points and perks for my daily transactions. Invest in the stock market.

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You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

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This panic arrives the moment we realize we’ve strayed too far from the paycheck mothership and feel compelled to run back to the salaried womb. There is an escape from the Money Panic, and it doesn’t involve selling off retirement investments or increasing your credit card limit. Congratulations! Secure a “consulting” gig.

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16 Timeless Truths of Financial Freedom

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My new career was straight commission—zero salary. The “down” escalator is racking up debt on high-interest rate credit cards , going into debt to buy things you don’t need, taking out payday loans, and borrowing money to invest in things that can go down in value. That first year, I made $50,000. Photo by @AniaLu/Twenty20.