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5 Long-Term Financial Goals and How to Achieve Them

Success

Send your children to college Expected time: 17-25 years Account types: 529 plans, Coverdell Education Savings Account (ESA), custodial accounts, brokerage accounts, high-yield savings accounts , Certificate of Deposit (CD) Welcoming a new child into your family is an exciting step, but it can also be expensive.

Goals 260
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Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

Papaya Global, Oyster, and Remote are some of the best payroll options to choose from when hiring internationally. Allwork.Space may earn a small commission when you make a purchase through an affiliate link in our stories, at no additional cost to you. This helps support our journalism. Learn more here.

Payroll 246
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The Biggest Financial Mistakes to Avoid in Your 20s

Success

Soaring food prices: grocery prices have increased by 25% over the past four years. A turbulent housing market: 2023 was the most expensive home-buying year in a decade. He recommends identifying monthly core expenses and then identifying discretionary spending. “If Contract workers have a scarcity mindset,” he says.

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Do I Need to Buy Life Insurance?

Success

People purchase life insurance to help their families replace lost income and cover final expenses after death. Remember: The larger the policy amount or the longer you want the policy to be in effect, the more expensive the premiums. The results of your exam may influence the price you pay for life insurance.

Policies 240
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The Biggest Financial Mistakes to Avoid in Your 20s

Success

Soaring food prices: grocery prices have increased by 25% over the past four years. A turbulent housing market: 2023 was the most expensive home-buying year in a decade. He recommends identifying monthly core expenses and then identifying discretionary spending. “If Contract workers have a scarcity mindset,” he says.

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Furthering Your Education on a Budget

Success

After you’ve spent all that time and money and are now paying it back, you might not be excited about the prospect of more education, especially if it comes with a hefty price tag. Still, there are ways to continue to increase your skills at work without spending a massive amount of money. Keep learning.

Budget 299
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How To Pick The Right Office Furniture And Why It Really Matters

Small Business CEO

Thomas Wright, Leadership Chair in Business Administration at Kansas State University, found that “in a sample of management personnel with average salaries in the $65,000 range, being psychologically distressed could cost the organization roughly $75 a week per person in lost productivity.” New Disadvantages: - Very expensive.