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7 Short-Term Financial Goals and How to Achieve Them

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Setting money goals is an important part of planning your financial future. Short-term financial goals, in particular, can help you jump-start your financial planning. What is a short-term financial goal? Short-term money goals are generally smaller goals that you plan to reach within a year.

Goals 242
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‘Money Boss’ Jo Davison’s 5 Steps for Taking Control of Your Finances

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And yet, perhaps it’s those very aversions to standard personal finance practices that make her most appealing to her clients. Now, she runs courses and individual mentoring programs to teach clients how to stop fearing their finances, release shame around money habits and prosper by making their assets work harder than they do.

Finance 289
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5 Long-Term Financial Goals and How to Achieve Them

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What are long-term financial goals and why are they important? Long-term financial goals are your money objectives that will take more than a few years to achieve. Your long-term goals are an important aspect of your financial health. These goals provide motivation, direction and discipline when managing your finances.

Goals 248
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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. List out your purchases in an Excel spreadsheet at the end of each month and place each transaction into a bucket. Get detailed and introspective to evaluate which purchases are legitimate needs vs. nonessentials.

Finance 279
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4 Smart Money Moves to Plan for Financial Security

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That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. But it’s really no surprise that millennials have trouble dealing with their finances. Plus, an unsurprising majority of this age group feels stressed when thinking and talking about finances. Trust me: I get it.

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2023 Financial Forecast: How to Prepare for the Year Ahead

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And with a new year approaching quickly, it can be a good opportunity to take stock of what’s happened in the past year—in your personal life, career and with your finances—and think about what changes you’d like to make in the year ahead. As you think about your personal finances heading into 2023, credit card debt should be top of mind.

2023 286
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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. If your parents struggled with money, it can feel as though they doomed you to have a horrible relationship with your finances as well. Look to the future. Change takes time.