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Everything You Need to Know About Emergency Funds

Success

Because you’ve thought ahead and set aside money for a rainy day, you’re less likely to use a high-interest credit card, take cash out of your retirement accounts or try to access the equity you may have built up in your home. It can help you avoid impulse purchases while still keeping your money available.

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Answering Reader Mail: Can an EA salary support a family?

Musings of a High-Level Executive Assistant

I believe you can raise a family on an EA salary whether alone or with a significant other. You should have 3 savings accounts - retirement, rainy day, and emergency. Retirement is your 401k, CDs, cash, etc. Rainy day funds are for your vacations and major purchases. Always remember, the best things in life are free!

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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

Success

But getting stuck in a cycle of accumulating and paying debt can create long-term emotional and financial damage that hold women back from other financial priorities such as buying a home, investing in the stock market or saving for retirement. The debt payoff plan I find effective and accessible for many people is the “Debt Avalanche”: 1.

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New Small Business Startup Idea: Virtual Import/Export Assistant.

The Small Business Blog

They had even agreed to offer me a free case with a certain number purchased – a good incentive I had aimed to pass onto my prospective customers. He is now retired but worked as a customs officer and also owned a restaurant that he was forced to sell after it ran at a loss for 2 years. I am not her only employer though.

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