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Financial Advice for Less Well-Off Individuals

Financial advice for less well off individuals

Life is different for each and every person. People have different work lives, different families, and different situations. Some people make millions per year while others make thousands. Some have good credit while some don't. Some individuals are able to independently support themselves through their emergency fund while other may receive assistance from friends, relatives, or even the government.

Despite the stereotypes and assumptions which are usually made regarding high-income …

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Financial Advice for Senior Citizens

As people get older, some may believe that their acquired money habits will continue to serve them. While decades of money experience does have it's pros, most seniors still struggle to save enough for retirement. Even the ones who are strong enough to continue working. The last thing you need when you are old is some young person harassing you because you are late on your bills.

Senior …

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Financial Advice for College Graduates

Graduating from college can be one of the most exciting milestones in any young person's life. Hard work truly does pay off and depending upon one's chosen occupation, college can open up many doors. However, an awareness of certain financial strategies can particularly come in handy for college graduates. While the aforementioned graduates may have worked part-time jobs during their years of academia, there are still some critical points which …

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Financial Advice for Teenagers

Financial freedom, financial security, and financial prowess are feats which some people spend decades working to achieve. Like most things in life, the earlier one begins to practice, the better off they will be. In the case of financial independence, teenagers who learn advantageous skills before becoming adults are more likely to be able to handle events later in life like planning a wedding or having funds available to pay …

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How to Financially Support Yourself

The ability to support oneself is a paramount life skill for any adult. However, despite the gravity of this skill, many young adults still struggle with it. Habits have a tendency to stick, especially in one's formative years of adulthood. A lack of preparation and necessary skills usually breeds bad habits which in turn engender downward spirals.

Moreover, individuals who lack the ability to financially support themselves often fall into …

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How to Financially Prepare for College

College is often regarded as a rite of passage into adulthood. While people hold varying opinions on the merits and pitfalls of college, there are certain occupations where a professional degree is absolutely paramount. However, there’s nothing that comes without a cost. This is especially applicable to college. The cost of attending college is a never-ending discussion.

This is why being financially prepared for college is critical. Those who are …

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How to Financially Prepare for Maternity Leave

This article is part of our Finance Hub.

Pregnancy is often a very exciting time in the lives of soon-to-be-mothers. However, like all things, a degree of preparation is always in order and appropriate. While some employers and places of business do grant their workers paid maternity leave at the appropriate time, this is not the case with all institutions. Therefore, if a woman's company does not pay for …

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How to Financially Prepare for a Job Layoff

Nobody ever wants to be laid off from their jobs. Many people not only enjoy their work, but it also allows them to support themselves and relatives who may be dependent on them. Besides, having a job fulfills the human need to feel responsible.

If life were perfect, everyone would keep their jobs and never have to worry about layoffs. However, this isn't the case. Job layoffs occur more often …

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How to Financially Prepare for a Divorce

How to prepare financially for a divorce

Divorce is a difficult and tragic time in the life of any couple. However, there are times when things happen, irreconcilable differences occur, and the only best recall is divorce. When divorce is the best option, it is very important to follow through on it. Divorces are generally regarded as stressful and draining, although, these pains can be minimized to a certain extent.

The proper and thorough financial planning is …

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How to Financially Plan for a Move

At some point and time in most people's lives, they will be ready to pack up and move. This can happen for a variety of reasons. Sometimes, they may have received a job promotion or relocation. In other cases, a family may be ready for a new beginning or simply want to be closer to relatives. Nevertheless, there are countless motivators which can cause people to move across the state, …

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