article thumbnail

5 Long-Term Financial Goals and How to Achieve Them

Success

In this article, we’ll go over examples of some long-term financial goals, as well as some tips to help you get started. Popular examples of long-term financial goals to start saving for your future include: 1. Avoid taking on unnecessary debt that could hinder your future plans, especially high-interest debts like credit cards.

Goals 260
article thumbnail

What Is My Net Worth?

Success

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. For example, if your assets equal $10,000 and your liabilities are $5,000, you have a positive net worth of $5,000 ($10,000 – $5,000 = $5,000).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 6 Biggest Financial Mistakes to Avoid in Your 30s

Success

The same study from Debt.com found that one in three credit card holders in the U.S. have maxed out their credit cards to cover expenses due to inflation. For example, in addition to an employer-established 401(k), they may want to invest in a Roth IRA and brokerage accounts if extra income allows.

article thumbnail

The Biggest Financial Mistakes to Avoid in Your 20s

Success

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.

article thumbnail

The Biggest Financial Mistakes to Avoid in Your 20s

Success

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.

article thumbnail

How to Reframe the Way You Think About Money

Success

The phrase “can’t afford” is a great example, and we hear it all over the place. “I Most of us would absolutely love to double our salaries. If your salary doubled, you’d be able to afford the things you want, you’d start saving meaningfully or you’d finally get out of credit card debt. Think about it.

article thumbnail

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

Allwork

It has meant that workers can retain (or increase) their salaries whilst cutting costs in other areas. . The rise of the Anywhere Worker would not have been possible without the flexibility that many companies now afford their employees with remote and hybrid work opportunities.