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Defining The Future Of Work: Key Terms To Know For 2023

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Digital nomads normally require a work visa or a travel visa and are able to enjoy their work/lifestyle with the help of mobile technology, wireless Internet connectivity and cloud computing. Sometimes called the Great Reshuffle, workers participating in this job exodus often cited seeking better work benefits, conditions and salary. .

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Aiming Higher: Strategies to Advance Your Community Manager Career in Coworking Spaces

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increased by 10% in Q2 of 2023. Community managers are typically undervalued and underpaid (with an average salary of London-based community managers being just over £30,000). For better or worse, this will likely come with the opportunity to work in another city or have more varied responsibilities and salary incentives.

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Do Women Need to Save More When Planning for Retirement?

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Negotiate for a higher salary. Not only does getting a higher salary mean you can contribute more to your retirement accounts, but your Social Security payment is based, in part, on your highest 35 years of earnings. Just don’t let your lifestyle negate your increase in pay. The most significant benefit of the SEP IRA?

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The Impact of Digital Nomading on the Future of Work

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A 2023 survey of 3,000 people found that 98% would like to work remotely at least some of the time for the rest of their careers. American knowledge workers are relocating to Colombia and Thailand, drawn by the allure of a superior lifestyle attainable on their existing salaries.

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The Biggest Financial Mistakes to Avoid in Your 20s

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A turbulent housing market: 2023 was the most expensive home-buying year in a decade. If you ignore the data, you can get caught in lifestyle creep,” he says. Allowing lifestyle creep as your career grows “On social media, everyone seems to be traveling and going out to amazing dinners,” Raimondi says.

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

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While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. Become a digital nomad The rise of remote work and the gig economy has made it possible for freelancers to embrace the lifestyle of a digital nomad.

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The 6 Biggest Financial Mistakes to Avoid in Your 30s

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For many, it’s a decade during which they are buying their first home, having children and upgrading their lifestyle. 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.