10 changes can make millions. Saving for your retirement can be impossible unless you know what to do. Putting money into a 401K is a no brainer, but where do you find the money? You can start with a diary of where you spend your money and find expenses to change. Small changes in your spending can achieve $1-2,000,000 over your lifetime. ...
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Would $12,000 Convince You to Move Closer to Work?
I recently read an article on www.fastcompany.com that describes a program in Washington, D.C. that bribes people to move from the suburbs to downtown. Would you move from the suburbs to downtown Washington, D.C. for $12,000? ...
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You’re Rich, Now What?
You didn’t win the lottery; you worked for a long time and earned it. That’s right you made your magic number! You reached critical mass! What is rich anyway? It means different things to different people. Is a millionaire rich? What is your definition of rich? ...
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First Job Lessons
It was a long hot summer in New Jersey and I just graduated high school. I was looking for my first job because I needed to earn spending money for my first year in college. I was willing to take anything, but I was seventeen with no experience. I worked for my parents since I was seven years old, but that does not count. I lived in a rural ...
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More Financial Skills for Teens
April is National Financial Literacy Month; I am continuing my series on financial skills for teens. As a reminder, Financial Literacy is making informed judgments and effective decisions using money. Decisions about spending and saving will affect your entire life! Learning good habits regarding spending, avoiding debt and savings is very ...
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Financial Skills for Teens
Since this is National Financial Literacy Month, I thought I would start with a definition. “Financial Literacy is the ability to make informed judgments and effective decisions regarding the use and management of money”. Why is it important and when should you learn it? ...
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5 Important Financial Skills
As part of National Financial Literacy Month, learn how to establish and maintain healthy financial habits. The following are the most important skills that everyone should learn: ...
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Cash or Credit?
Cash or Credit? It is one of the most fundamental questions, you are asked when making a purchase at a store. You could pay with cash or use your debit card; most businesses treat either as cash. Using your credit card may give you a cash rebate, frequent flier miles or points to be used for flights or merchandise. It is your choice or is it? ...
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What Do You Need to Retire?
Everyone says money! How much is enough to take care of you for the rest of your life? Do you have a number? Does it cover inflation, medical insurance and all your “needs” and your "wants"? Fidelity says you should have at least 8 times your ending salary! Whatever you think, you need to add ten percent! Why? You probably underestimated how ...
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Valentine’s Day on the Cheap
Do you have someone that you would like to acknowledge on Valentine’s Day? Man or woman, this has become an important day. What do you do, men? The easy answer is order flowers, make reservations, pick up candy and a piece of jewelry. What do you do, women? You could buy things like anything sports, movie DVDs, candy or something personal. ...
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