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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. Knowing their numbers is particularly important for freelancers, gig workers and/or people with side hustles —types of work that members of Gen Z are increasingly picking up.

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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. Knowing their numbers is particularly important for freelancers, gig workers and/or people with side hustles —types of work that members of Gen Z are increasingly picking up.

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The 6 Biggest Financial Mistakes to Avoid in Your 30s

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“It could be down payment money for a home, putting [funds] toward a young child’s education or investing in retirement. Allowing lifestyle creep “Spending is so visible because of social media and the internet,” Mahoney says. However, it’s not just lifestyle creep that’s causing this growing debt. in 2011 to 27.3 Mahoney asks.

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How to Budget Your Money as a Teen

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Getting into good financial habits now will set you up for long-term financial success as an adult. If you spend more than you make, you’ll need to decide which “wants” you are willing to give up or reduce, so you don’t run out of money for the things you need. Create your budget.

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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

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Save more for retirement. Increase contributions to retirement accounts such as your 401(k) or IRA. Make an effort to reach out to long-lost friends or former colleagues whether it’s a message on social media, an email or a phone call to catch up. Set savings goals. Reduce debt. Invest in an emergency fund.

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What Leslie Jordan’s Legacy Can Teach Us About Pivoting to a Third Act

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Movies typically follow a three-act structure: the set-up of our hero, the confrontation they face, then the resolution. Jordan sadly passed away this month at age 67, but among the legacies he leaves is this: It’s never too late to pivot to your next act or career, and one need not wait until retirement to explore a new passion.

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Brand Storytelling Guide: 7 Ways to Make Your Brand Pop

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For instance, I worked with a nonprofit that advocated for increased Social Security benefits. We publicized retirement planning blogs as part of our brand story of caring for seniors. But research found that over 90% of our audience had already retired. Make use of brand storytelling and even tools in social media.