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Lessons From Past Recessions

Success

How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? Having a solid cushion to fall back on if you lose your job or experience a salary reduction can help you avoid going into debt and offer you peace of mind when listening to grim economic news. . How much cash can I quickly access if needed (i.e.,

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You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

Success

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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44 Ways to Kick-Start Your New Year

Success

Find a mentor. I just started my own business, and I want to evaluate my income versus my expenses to see where I am currently, with the ultimate goal of hitting the salary I want to make. Ask questions of mentors and peers. Cut up credit cards. Take stock and charge forward. Why didn’t I win them last year?

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16 Timeless Truths of Financial Freedom

Success

My new career was straight commission—zero salary. One day, she meets a barista named Henry who becomes her mentor. 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.