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The 6 Biggest Financial Mistakes to Avoid in Your 30s

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For many, it’s a decade during which they are buying their first home, having children and upgrading their lifestyle. Allowing lifestyle creep “Spending is so visible because of social media and the internet,” Mahoney says. That keeping up with the Joneses can lead to expenses surpassing income—and the debt that comes with it.

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Can I Go into Retirement Early With FIRE?

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If any of these scenarios sound ideal, you may be dreaming of a FIRE retirement lifestyle. Reaching financial independence and early retirement is usually achieved by people who are willing to go to extreme lengths to cut their expenses. If your yearly expenses are $75,000, multiply that by 25. Who is a good candidate for FIRE?

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

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Part of that process starts with taking notes on how you work, for how many hours, and from where. Firstly, it is the simplest and least expensive form of business to set up and maintain. Become a digital nomad The rise of remote work and the gig economy has made it possible for freelancers to embrace the lifestyle of a digital nomad.

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Surprise Medical Bills: The Costs of Healthcare

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It’s especially nonsensical in the United States, where it’s designed to be intentionally confusing and expensive. It can cost an outrageous amount of money to have surgery or long-term treatment, and on top of that, billing errors are common. Kiersten and Julien Saunders (@richandregular) don’t want you to be hit with surprise medical costs.

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7 Ways to Save Money by Simplifying Your Life

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Live a happier and more fulfilling life by getting back to basics, analyzing your finances and saving money in the process: 1. Simplify lifestyle practices. Convenience should make life easier, but you regularly replace products, waste your money and end up damaging the environment and perhaps your own health.

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7 Tips to Help You Plan for Retirement

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Keep reading for some tips to help spark the planning process. Where you live, the kind of car you drive, health care costs and travel plans, among other things, will drastically affect what you spend during retirement and, therefore, how much you’ll need to save. But now is a great time to look for ways to reduce significant expenses.

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Why Digital Nomads are Flocking to Mexico

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Mexico’s popularity includes favourable visa processes and some of the most beautiful beaches, jungles, and cities in the world. . Its popularity among digital nomads includes its proximity to other North American countries, favourable visa processes, and some of the most beautiful beaches, jungles, and cities in the world. .