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Using a Financial Planning Checklist Can Help You Meet Your Goals

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Although it might sound tedious, dedicating a little time to checking in on your bank statements, confirming you’re saving enough for retirement and reviewing the financial goals from the beginning of the year can help ensure you are on the right track. It also gives you time to make corrections if needed.

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The Biggest Financial Mistakes to Avoid in Your 20s

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In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. Not defining your values and goals There are few absolutes when it comes to financial planning. It comes down to an individual’s values and goals.

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4 Smart Money Moves to Plan for Financial Security

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A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons. Set goals and start saving for them today. Your goals don’t have to be big and lofty.

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Consulteering - A New Approach to Retirement

Small Business Labs

Work a Little, Play a Little: A New Retirement Strategy from the New York Times covers the  growing trend towards people working part-time in retirement.   The article focuses on a retired educator who has put together a portfolio of activities to meet his goal of “balancing a life of leisure with a life of purpose.”.

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. Not defining your values and goals There are few absolutes when it comes to financial planning. It comes down to an individual’s values and goals.

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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

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According to a 2022 survey by Deloitte, 36% of millennials and 29% of Gen Z cited “cost of living” as their greatest concern. advises you to write a list of financial and lifestyle goals. Separate your goals into five, 10 and even 20-year plans based on your determined spending and saving habits. Retired professor Timothy G.

Finance 279
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Start Talking to Your Kids About Investing—Here’s Where to Start

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It’s essential to get started, though: According to a recent Bankrate survey , “four in 10 teenagers (41%) were not receiving any financial literacy education in school.” Be sure to ask them about any financial goals they have and help them develop a plan to reach them.

Finance 246