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3 Steps to Take Before Going Into Business for Yourself

Success

A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. Managing money when you work for yourself can be tricky. Create a plan.

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How to Manage Financial Anxiety, According to a Financial Therapist

Success

Unfortunately, anxiety can have long-term effects: The Global Financial Literacy Excellence Center found that people experiencing financial anxiety are also less likely to be planning for retirement to secure their future financially. Managing money anxiety isn’t always just a matter of making a budget or choosing the right investments.

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71% Of Workers Experienced Financial-Driven Anxiety This Year

Allwork

The poll shows that only 40% of workers consider themselves as financially secure, representing a 9-point decrease from 2021. . In fact, 75% of respondents said that the current market has hindered their retirement savings, leading 28% to dip into these accounts for some expenses.

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3 Financial Tips to Consider Before Pursuing Your Passion Full Time

Success

To prevent this, you should aim to eliminate or reduce debt to manageable levels so you can better manage your cash flow and improve the chances of accessing affordable lines of credit should you need it. This article originally appeared in the September/October 2021 issue of SUCCESS magazine.

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How to Choose a Robo-Advisor

Success

million people using them as of 2021 and 5 million people estimated to be using them by 2025. Knowing what you’re saving for—whether it’s retirement, college education for your children, a down payment on a house or all three—can help you understand your risk tolerance, timeline and other factors required to invest successfully.

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Why You Should Start Your Own Business Today

Success

Since joining the company eight years earlier, he had worked his way up to a solid position in middle management with a decent salary and great benefits. in 2021, nearly 13 million more than the year prior. John was 53 when the bad news hit: His department was being moved offshore. Now, he was out of a job. A life of greater impact.

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Lawsuits, Lost Expertise And Bad Morale: The Steep Risks Of Ignoring Older Employees

Allwork

In May of 2021 that number jumped to 78%. . Age discrimination occurs when a manager or boss treats an applicant or employee less favorably due to their age, which applies to younger people with less experience as well as older people who are close to retirement age.