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5 Long-Term Financial Goals and How to Achieve Them

Success

Your long-term goals are an important aspect of your financial health. These goals provide motivation, direction and discipline when managing your finances. Most people enter the workforce with over 30 years until retirement, so the sooner you can start saving, the more wealth you can build.

Goals 283
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What Is My Net Worth?

Success

Many people focus on one or two areas of their finances but don’t stop to look at the big picture and confirm that they’re moving in the right direction overall. A positive net worth is a sign of financial health; the higher your number, the better you’re doing. If you have a zero or negative net worth, don’t panic. What are my assets?

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Lessons From Past Recessions

Success

Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand. As part of your financial plan, consider the following: Review your finances. What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)?

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Do I Need to Buy Life Insurance?

Success

The premium is generally calculated based on the age, gender and health of the person purchasing the policy, among other factors. To help you determine the amount of life insurance you should be looking for, start by reviewing your finances. Others say to multiply your annual salary by the number of years you have before retirement.

Policies 260
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5 Reasons Being Self Employed Sucks

Productivity Bits

This is especially true when it comes to finances, as many of the benefits that we take for granted were collectively bargained for through years of protest and negotiation. Retirement Benefits. In other words, full-time employees are granted about a month of salary for doing absolutely nothing. In fact, it might even suck.

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4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

The recent Workplace Wellness Survey by the Employee Benefit Research Institute ) blames inflation for workers’ poor financial health, as 80% of respondents said that debt and an inability to plan for the future is “ a problem.” Unfortunately, this just isn’t the case. They teach employees how to budget, plan, and prepare for anything.

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Top 10 Best Financial Resources for Women

Bonnie Low Kramen

The pandemic has hit everyone hard and when it comes to finances, and it has hit women especially hard as many had to leave the workforce either temporarily or permanently. Plus, life isn’t cheap, with planned and unplanned expenses, some days it may feel like your household finances are going downhill fast. By Bonnie Low-Kramen.

Finance 69