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And although Neff likes his current card, he wouldn’t pass up the right offer for a different one—one with a big sign-up bonus, for example. Neff isn’t the only professional preparing to rack up airline miles again in 2022. Here are some tips on choosing the best card for you —and to make sure you’re making the most of it. #1
It’s become more difficult in the past year, however, to know what your expenses will be each month—and that makes it all the more challenging to stick to a budget. As you think about your personal finances heading into 2023, creditcard debt should be top of mind. Plot smart career moves in a slower economy.
Review your bank and creditcard statements Even if you check on your bank accounts daily, pulling your bank and creditcard statements can help you understand how the first quarter of the year has gone. Subtract your net income from your net expenses.
According to a 2022 survey by Deloitte, 36% of millennials and 29% of Gen Z cited “cost of living” as their greatest concern. Be more descriptive than simply “transportation” because a Lyft to the bar on Friday night should not be marked as a vital expense. Somehow as we age, #adulting is just supposed to be intuitive.
As of August 2022, the economy has already seen two months of negative GDP growth, but the National Bureau of Economic Research (NBER) hasn’t officially declared one yet. How much debt do I have (creditcards, student loans, car loans, mortgages, etc.)? Where can I cut back on the rest of my spending if it becomes necessary?
I’m no stranger to setting lofty money goals : At 9 years old I became cognizant of the idea of college—a seemingly far-off milestone that my parents described as “important” and “expensive”—and decided I needed to proactively save money for my college education. It is no secret that the gender wage gap continues to persist in 2022.
As the economy rebounded, consumer demand exceeded supply, leading to a surge in inflation that peaked at over 9% year-over-year by mid-2022. Ideally, workers should aim to save 3-6 months of living expenses. This cushion can help cover essential costs in case of job loss or unexpected expenses.
Job candidates’ creditcards might be getting more action than they should, all while they are between employment opportunities. William Stonehouse III, president and co-founder of Crawford Thomas Recruiting, has an eye on the trend of paying for interviewing expenses. A new suit. An airplane ticket to another interview.
Human resource leaders have observed cash-strapped employees reducing retirement contributions and talking about how money-related stress has negatively affected their work lives, according to a 2022 financial benefits study conducted by Morgan Stanley at Work. How financial wellness programs benefit employers Employee retention is the No.
Why are groceries so expensive right now? from April 2022 to April 2023. This is on top of an 11% rise in retail food prices from 2021 to 2022, according to the Government Accountability Office (GAO), the most significant increase in 40 years. Retailers often put the most expensive items at eye level, making them easier to grab.
Anywhere Workers — The State of Play in 2022. As of June 2022, over 25 countries had introduced digital-nomad visas to attract international guests who can temporarily live in one country while working for companies or clients based in another.
I started working with a new editing client in 2022 as a freelance journalist. Set up your business bank account and separate your expenses. He didn’t bat an eye when I told him my rate to copy edit his legal blog. And, he eventually went on retainer with me. So I decided to up my game professionally.
Your current finances It is important that spouses know each other’s financial situation, including debt (student loans, creditcard debt, etc.), savings, income and other financial commitments, which may include donations and credit scores. How will you pay your expenses—e.g., Keep your accounts separate?
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