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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. TRY THIS: The app Acorns rounds up each of your purchases and invests the spare change. It’s OK to settle for a starter salary. Investing is too risky.

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How to Reframe the Way You Think About Money

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I studied finance in college and then worked in financial services, and I still didn’t know anything about my own money. In most cases, we are actually choosing not to purchase it. Most of us would absolutely love to double our salaries. It doesn’t matter how much or how little we earn—no one is immune. This was me!

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5 Long-Term Financial Goals and How to Achieve Them

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These goals provide motivation, direction and discipline when managing your finances. Most people use a mortgage to buy real estate, but many mortgage lenders ask for at least 20% of the purchase price as a down payment. Long-term financial goals are your money objectives that will take more than a few years to achieve.

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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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Although everyone’s personal finance journey is exactly that, there are certain steps we all can take as we pursue financial feminism and literacy. Get familiar with your finances. Knowledge is power, and knowledge of our own finances is especially powerful. Compared to African American participants, who responded to 2.3

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Lessons From Past Recessions

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Recessions are a natural part of the economic cycle and help to reset the economy when it grows too quickly, making it harder for regular people to purchase everyday items. Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand.

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Do I Need to Buy Life Insurance?

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People purchase life insurance to help their families replace lost income and cover final expenses after death. The premium is generally calculated based on the age, gender and health of the person purchasing the policy, among other factors. Others say to multiply your annual salary by the number of years you have before retirement.

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Uh-Oh: You May Not Be Worth What You Thought

On The Job

According to a JobFox survey, some median annual salary ranges dropped $10,000, compared to a month ago. Some examples include software design/development; product management; networking/system administration; finance; and government contracts administration. This helps set the groundwork for a salary bump before your annual review.

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