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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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7 Tips to Help You Plan for Retirement

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Keep reading for some tips to help spark the planning process. Use your current expenses and lifestyle to help you get a feel for what you might spend when you retire. Develop a rough budget of expenses to help determine the income you’ll need. But now is a great time to look for ways to reduce significant expenses.

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The Art of Problem-Solving: 4 Creative Strategies to Tackle Your Biggest Obstacles

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You launched this side hustle in 2017 but recently left your salaried job to take this business seriously. . Adding pre-recorded content to our service lineup means passive, recurring revenue, with fewer expenses. This process should be done on paper, and you only need to spend two to five minutes under each hat.

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Authentically Gen Z: The Values, Aspirations & Drivers That Will Re-Define The Future Of Work

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Let’s dive into the five key aspirations and drivers we’ve uncovered from this generation: Amenities, Benefits & Salary: A Shifting Mindset. Amenities, Benefits & Salary: A Shifting Mindset. Pair that with rising expenses, increasing gas prices, time lost to commuting, etc. Technology & Flexibility Reign.

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44 Ways to Kick-Start Your New Year

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I want to evaluate my cost-of-living expenses and see where I can cut back. 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. Review your expenses as a couple. Reach my financial goals. Stop smoking.

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