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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

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You might even consider mapping out your resolution using a simple tool like a goal-setting worksheet. Save more for retirement. Increase contributions to retirement accounts such as your 401(k) or IRA. Empower yourself to live debt-free by paying down high-interest debts such as credit cards. Reduce debt.

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7 Money Mistakes You’re Making in Your 20s

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The same principle applies for items like cocktail dresses, shoes, kitchen gadgets, tools, and bottled water. Paying credit card interest or fees. A credit card can be a useful tool. The credit card companies have enough money, so why give them more? Agreeing without asking for better terms.

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How Financial Wellness Programs Can Benefit Employees and Employers

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Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. People who follow the YNAB rules report an increase in savings, lower debt and a higher credit score, he adds.

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Transforming Your Relationship with Money

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We are often told by personal finance experts that money should only be viewed as a tool to reach our goals, with no emotions attached to it. It can be as simple as a missed credit card payment and the resulting fee haunting you from years past, or maybe you had a house foreclosure or car repossession. Determine the facts.

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A Veteran of the Digital Nomad Community Offers Her Best Tips for the Location-Independent Lifestyle

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Is it feasible for Digital Nomads to save up for retirement, even if they aren’t living in one place and are unable to contribute to traditional retirement plans? There are a lot of options out there to save for retirement , and most of them aren’t restricted by being a digital nomad. Get the right tools in place.

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7 Apps to Teach Kids About Money

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A 2017 study found that disparities in financial literacy may account for as much as 40 percent of the wealth gap between those retiring with more and those retiring with less. The final destination in this digitized version of the classic board game is the yellow tile labeled “Retirement.” The Game of Life.

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Use Mindfulness to Transform Your Financial Well-Being

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If you tend to reach for your debit card without thinking, for example, you might wrap the card in a post-it note or sleeve that has one of your goals written on it, like your planned retirement date or a photo that represents your next big trip.