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6 Real-Life Budgeting Tips to Save More Money

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I make an average salary. Some of the highest-quality clothes and shoes in my closet have cost less than a latté. But I’m shocked when I see the cost of certain treatments and hair cuts. To put it simply, you can get your hair done professionally for the cost of a tip. I contribute to my 401(k) monthly. Well, practice.

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3 Common Money Myths Debunked

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In every financial workshop, I hold with 20-somethings, there inevitably comes a point where someone utters the phrase, “But my dad said…” followed by: I should carry a balance on my credit card to improve my credit. It’s OK to settle for a starter salary. I should pay off my debt before I start saving.

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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. If you have dependents, heavy debt or access to other funds, like a partner’s salary or unemployment insurance, the amount you need to save will vary.

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Are Cost Of Living Surges A Reason For Or A Barrier To Relocation For Workers?

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The rising cost of living, particularly in essential goods such as food, housing, and transportation, is disproportionately affecting low-to-middle income Americans, according to recent data published by J.P. A notable 59% of low-income consumers reported not receiving a salary increase, in contrast to 34% of high-income consumers.

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The Biggest Financial Mistakes to Avoid in Your 20s

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Not to mention, low wages, staggering student debt and compounding credit card debt. In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. He says, at least initially, 20-somethings’ goals shouldn’t be top-tier salaries.

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The Ubiquitous Anywhere Worker — A Passing Fad Or The Future Of Work?

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It has meant that workers can retain (or increase) their salaries whilst cutting costs in other areas. . As a consequence, one of the greatest benefits of being a digital nomad has to be the substantial cut in housing costs experienced by those moving out of some of the world’s most expensive cities.

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Have a Strategic Plan So You Can Cash Out On Your Terms

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If you’ve been working on upskilling and taking advantage of employer-offered education, now might be a great time to find a better job with a higher salary, thanks to the Great Resignation. Include a buffer for inflation, rising medical and prescription costs and unexpected emergencies.