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

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By understanding the ins and outs of our own finances, we can better equip ourselves with the tools and strategies needed to reach our money goals. I simply don’t see the need for one when I can use credit cards and earn points and perks for my daily transactions. Get familiar with your finances. Invest in the stock market.

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4 Smart Money Moves to Plan for Financial Security

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They don’t have a purpose for the money they’re saving, and they often end up splurging on stuff they don’t really need (or want) rather than using it to fund a life goal such as buying a house or saving up for retirement. Start a retirement plan. You’re young, and retirement probably feels light-years away.

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Lessons From Past Recessions

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brokerage accounts, selling a second car or hobby equipment, potentially downsizing, etc.)? How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? Am I anticipating any major life events with significant expenses attached (like a new baby or retirement)? Beef up your emergency fund.

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Making Taxes Less Taxing

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It’s so much easier than dumping receipts and bank and credit card statements in a box and manually going through each piece of paper every quarter. Business Credit Card Using a business credit card for all or most of your expenses is an easy way to capture all of your deductions in one place.

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Premarital Money Talks: How to Talk About Finances Before Tying the Knot

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Your current finances It is important that spouses know each other’s financial situation, including debt (student loans, credit card debt, etc.), savings, income and other financial commitments, which may include donations and credit scores. She advises discussing the following topics: 1.

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Financial Literacy For Beginners: Steps To Financial Success

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Whether preparing to buy a home, start a business, travel the world or retire early, a good understanding of financial concepts will set you up for success. Debt Management Effective debt management begins with understanding your different debt types—like student loans, credit cards and mortgages—as each affects your finances differently.

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How to Build Wealth: From Money Mindset to Financial Dominance

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Anyone can develop and leverage the wealth mentalityincluding you with that pending credit card bill. A credit card balance from an impulse shopping spree is bad debt. The more you understand how money works, the better equipped youll be to grow wealth and maintain it. Building wealth is a marathon, not a sprint.