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Lessons From Past Recessions

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Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand. As part of your financial plan, consider the following: Review your finances. How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? Consider your skills and upskill.

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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

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Often, these fall into categories of personal well-being, relationships and finance. New Year’s resolution ideas to improve personal finance Create a monthly budget. Empower yourself to live debt-free by paying down high-interest debts such as credit cards. Improve your credit score. Set savings goals. Reduce debt.

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These Are Nicole Lapin’s 6 Money Tips for Living Your Richest Life

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“It’s not your momma’s finance lesson,” Lapin says in describing her book, Rich B h: A Simple 12-Step Plan for Getting Your Financial Life Together… Finally. Throughout the book, she shares personal anecdotes and examples, such as how she painlessly eliminated a $5,000 credit-card balance.

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3 Steps to Take Before Going Into Business for Yourself

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However, building up finances for self-employed individuals can be difficult, as it can take a while to get your business up and running. These apps connect to your bank account and credit card, making it easier to track your expenses. To make budgeting even more manageable, consider using a budgeting app like Mint or YNAB.

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Financial Wellness Journey For Lasting Financial Well-Being

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Financial wellness is maintaining a healthy relationship with your finances. To make matters worse, a large portion relies on credit cards to cover the difference. Building Sustainable Long-Term Finances Long-term money-saving is your ticket to financial freedom. What Is Financial Wellness?

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Entrepreneur Jason Tartick on Making the Most of Unexpected Opportunities

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So, at that point, I was like, ‘I need to take the personal finance background and bring it in a very light, friendly, almost sexy way to this audience.’” A lack of understanding our money impacts all ages, from 18-year-olds getting their first credit card to retirees at 65 and older.

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

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Manage your debt: Prioritize high-interest debt first, as paying down high-interest debt (such as credit card debt) can reduce financial strain and free up funds. Think about employment security: Workers should focus on excelling in their current roles and maintaining strong professional networks.

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