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Using a Financial Planning Checklist Can Help You Meet Your Goals

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Review your bank and credit card statements Even if you check on your bank accounts daily, pulling your bank and credit card statements can help you understand how the first quarter of the year has gone. Subtract your net income from your net expenses.

Goals 306
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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

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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.

Finance 279
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How to Create a Budget: 6 Steps to Get You on the Path to Financial Security

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We all know expenses exist, but the numbers keep adding up—rent, water, trash, electricity, cable, Internet, car insurance, renter’s insurance, gas, cell phone. According to a Gallup survey , only one in three Americans prepares a detailed household budget. Check out your expenses from last month and then categorize each transaction.

Budget 279
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How to Know If You’re Financially Ready to Start a Business

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Unfortunately, the odds aren’t necessarily in their favor: A survey of pandemic entrepreneurs found that more than half believe their business will fail within the year without extra aid. After all, without cash flow and a solid financial plan that includes costs and expenses, you won’t be able to get your business off the ground.

Expenses 342
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Money Remains a Top Stressor for U.S. Adults—Here Are Some Tips to Better Manage Stress (and Finances)

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“I would lie there and catalog the things I had bought over the years that now made absolutely no sense to me: that luxury car lease, that tech gadget, that suit, that watch, that ridiculously expensive bottle of wine.” (And Since 2007 the American Psychological Association has conducted an annual survey called “ Stress in America.”

Stress 264
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4 Smart Money Moves to Plan for Financial Security

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A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons. So only adjust your emergency fund if your monthly expenses increase, you get a raise, or you gain dependents.

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Impending Recession Or Not, Use These Professional Tips To Prepare For Financial Turbulence

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MyPerfectResume found that 85% of surveyed American workers are worried about losing their jobs, while 78% of them predict a recession is imminent. 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.

Expenses 299