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Financial Literacy For Beginners: Steps To Financial Success

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Avoiding Debt: Including safeguards like an emergency fund—something financial literacy encourages—can prevent you from falling into debt when unplanned costs like medical emergencies, car breakdowns and home maintenance repairs arise. For example, the average credit card interest rate climbed to 21.51 Despite these benefits: 6.1

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5 Ways to Save Money This Holiday Season (Without Disappointing Anyone)

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Howell says, “There’s a cultural expectation that the holiday season needs to be this majestic and magical time, and it can be frustrating to know you want to do all the things and buy all the things, but also, medical bills need to be paid, and food and health insurance, etc.” But you don’t have to be a part of their game.

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What Is My Net Worth?

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A positive net worth is a sign of financial health; the higher your number, the better you’re doing. You may be spending more than you earn and using credit cards to help you cover expenses. Liabilities are debts you owe others, like a loan or a balance on a credit card. Why do I need to calculate my net worth?

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How Employers Can Better Serve Neurodiverse Employees in 2023

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After surviving a major medical event and a surgery that almost killed her, she found herself reevaluating her trajectory. “I According to 2020 research published in the British Medical Bulletin , “a reasonable estimate of all neurominorities within the population is around 15–20%.” But things only got more complicated.

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How to ‘Invest Like a Girl’

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Before the Equal Credit Opportunity Act was signed into law in 1974, women could not open a credit card in their own name. “I Fund a Health Savings Account (HSA) Most people don’t realize that an HSA gives you a triple tax advantage, Spangler says. When you withdraw money after age 59.5 , it will not be taxed.

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Planning to Start Your Digital Nomad Journey? Use This Checklist Before You Go

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Do your own research and even consult a professional regarding rules about passports, visas, health insurance, taxes and other legal requirements. Make copies of and take along your driver’s license, social security card, health insurance card, medical records and other important documents.

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Everything You Need to Know About Emergency Funds

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If you’ve ever had to pull out a credit card to deal with a dentist or emergency vet bill, you likely know the pain of wondering how you’ll pay for an unexpected expense. Consider the minimum amount you spend each month on non-negotiable expenses like: Housing Food Utilities Insurance (health, car, etc.)