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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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To help protect your financial future, learn about how to prepare for retirement in your 50s, the biggest financial mistakes people make at this juncture and how to avoid them, according to financial planners. Not being intentional with investments and tax planning Marianne M. “Their investments are here, there and everywhere.

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7 Short-Term Financial Goals and How to Achieve Them

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Since short-term goals are generally completed within a year, you’ll need to make sure you have room in your budget to allocate funds to your goals. Rebalancing your budget is the process of reviewing your finances to make space for money goals. Do you have room in your budget to save for your goals?

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5 Long-Term Financial Goals and How to Achieve Them

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Popular examples of long-term financial goals to start saving for your future include: 1. Popular examples of long-term financial goals to start saving for your future include: 1. Most people enter the workforce with over 30 years until retirement, so the sooner you can start saving, the more wealth you can build. The good news?

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The 8 Biggest Financial Mistakes to Avoid in Your 60s

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Whenever anybody hears about retirement planning , they usually think of numbers, like what are my investments doing? Have I saved enough? Not enjoying their leisure years Emily Rassam, CFP ® and Senior Financial Planner for Archer Investment Management, has found that many clients avoid withdrawing their retirement funds.

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‘Money Boss’ Jo Davison’s 5 Steps for Taking Control of Your Finances

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And yet, perhaps it’s those very aversions to standard personal finance practices that make her most appealing to her clients. As the founder of a financial coaching enterprise called She’s a Money Boss , she’s not teaching people how to scrimp and save and budget their way to financial freedom. I want a pay raise,’” Davison recalls.

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Harnessing the Power of Momentum to Achieve Your Goals

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Your determination to continue investing in your growth is truly inspirational! So let’s continue pushing your efforts into new territories by exploring a specific force together: the power of momentum and the role of investing time, energy and resources into building it. I want you to picture a line of dominoes.

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Everything You Need to Know About Emergency Funds

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Emergency funds are straightforward, but knowing a few tricks can help you maximize your savings and ensure every penny is there when you need it. It is generally kept in an account that is easier to access than traditional investments like stocks or bonds but is more challenging to get to than your everyday checking or savings account.