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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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Since 2007 the American Psychological Association has conducted an annual survey called “ Stress in America.” The survey, released in October 2021, reported that the COVID-19 pandemic continues to impede decision-making ability, which includes financial decisions. Beatty is hardly alone. Debt plays an overwhelming role in this stress.

Stress 264
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The Biggest Financial Mistakes to Avoid in Your 20s

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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. After all, they hope to turn you into a client with a lot of money to manage.)

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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

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However, important skills like when and how to manage your finances don’t come naturally to many. According to a 2022 survey by Deloitte, 36% of millennials and 29% of Gen Z cited “cost of living” as their greatest concern. Credit Karma is a great free resource to track the progress of your credit score.

Finance 279
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The 6 Biggest Financial Mistakes to Avoid in Your 30s

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A survey from Debt.com found that millennials carry the highest debt load—13% of that age group have accrued $10,000 to $30,000 in debt. 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.

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How Financial Wellness Programs Can Benefit Employees and Employers

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In fact, 54% of employers currently offer financial wellness programs, based on responses to an annual survey conducted by the Employee Benefit Research Institute (EBRI). Companies can gauge employees’ interest in financial wellness programs by conducting anonymous surveys, she adds. Such benefits can yield significant results.

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

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Managing money is intimidating, but it’s 100 percent doable—and it’s pretty darn necessary if you want to be in control of your dollars. Dive into a digital finance manager, excel sheets, worksheets and a homemade bill binder. According to a Gallup survey , only one in three Americans prepares a detailed household budget.

Budget 279
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The Biggest Financial Mistakes to Avoid in Your 20s

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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. After all, they hope to turn you into a client with a lot of money to manage.)