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3 Common Money Myths Debunked

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From misinformation to oversimplified generalizations about money that get passed down from generation to generation, most of us have adopted false beliefs about our finances. It’s OK to settle for a starter salary. Since the Great Recession, the median wage for 25- to 34-year-olds has fallen in every major industry except health care.

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6 Reasons Men Are Not Working as Much as They Used To

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In a 2024 survey conducted by the Bipartisan Policy Center, 57% of men between the ages of 20 and 54 said the main reason they weren’t working was due to a personal health issue. More women in the workforce can mean fewer job opportunities and, in some cases, lower salary options for men—which seems to be a barrier for them.

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What Is My Net Worth?

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Many people focus on one or two areas of their finances but don’t stop to look at the big picture and confirm that they’re moving in the right direction overall. A positive net worth is a sign of financial health; the higher your number, the better you’re doing. If you have a zero or negative net worth, don’t panic. What are my assets?

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How Do You Know When To Make Your Side Hustle Your Full-Time Job?

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Maintaining a clear distinction between a side hustle (limited time and supplemental income) and a full-service job (substantial time and primary income) is crucial for optimizing career satisfaction and financial health. Remarkably, even individuals with annual salaries of $100,000 or more are participating in this side hustle phenomenon.

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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. What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)?

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4 Ways To Financially Support Your Employees (Other Than Raises)

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The recent Workplace Wellness Survey by the Employee Benefit Research Institute ) blames inflation for workers’ poor financial health, as 80% of respondents said that debt and an inability to plan for the future is “ a problem.” Unfortunately, this just isn’t the case. They teach employees how to budget, plan, and prepare for anything.

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The Four Horsemen of the Mandated Return to Office

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23, that all salaried employees would have to return to the office three days a week. It randomly assigned some engineers, marketing workers, and finance workers to work some of their time remotely and others in the same roles to full-time in-office work. GM announced in a message on Friday, Sept. Mentoring initiatives .

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