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Budgeting and building credit are only the beginning—you also have student loans, mortgage rates and maybe even cryptocurrency and non-fungible tokens (NFTs). A 2017 study found that disparities in financial literacy may account for as much as 40 percent of the wealth gap between those retiring with more and those retiring with less.
Don’t Budget. The “down” escalator is racking up debt on high-interest rate creditcards , going into debt to buy things you don’t need, taking out payday loans, and borrowing money to invest in things that can go down in value. If your employer offers a match, you can save up to 15% of your income annually. annual return.
Youll find her training other women, using courses , apps, budgets, workbooks and other materials on the how money works. And, in 2017, she began her firm, Core Solutions Group, with the goal of helping othersparticularly women and motherssucceed at their own money stories. With that knowledge, Williams decided to set off on her own.
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