Tag: Saving
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Budgeting Guide for a Single Person Earning $60,000
Creating a detailed budget tailored to your income and living expenses is a pivotal step towards financial stability and achieving your goals. If you’re a single person earning $60,000 annually and residing in a city like Chicago, Illinois, here’s a comprehensive guide to help you craft a realistic budget that suits your lifestyle and financial…
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8 Practical Strategies for Cutting Expenses and Thriving
In a world often consumed by consumerism, the concept of frugal living offers a refreshing perspective. It’s not about deprivation but rather a conscious choice to spend mindfully, save intentionally, and live a more fulfilling life without excessive financial burden. Embracing frugality involves a mindset shift and adopting practical strategies to trim expenses. Here are…
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2023 Retirement Plan Options
Creating a retirement plan early in your career is essential if you want to have a financially stable retirement. Just by diverting some of your paycheck to a tax-advantaged retirement savings plan, you can grow your wealth exponentially to achieve some peace of mind. But there may be other options depending on what your employer…
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Why You Should Start Investing Now – 2023
There is no better time than the present to start investing. Many people talk about and read about the ever impending recession or downturn in the stock market. But if you put that aside and zoom out over the last 5 years you will see that the stock market (looking at the SPDR S&P 500…
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How To Make A Budget For 2023
Hello 2023! It is that time of year (the new beginning) where we all start a new diet, workout more, and make a promise to spend more time with our families. But how many of you have considered adjusting your budget and spending habits? Well, if you have not considered, you really should – it…
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Cryptocurrency and DeFi Explained
What’s DeFi? DeFi is a collective term for financial products and services that are accessible to anyone who can use Ethereum – anyone with an internet connection. With DeFi, the markets are always open and there are no centralized authorities who can block payments or deny you access to anything really. Services that were previously…
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It’s About to Get “LIT”: Best ETF
The stocks and ETFs poised to capitalize on the mandated electrical vehicle transition on the horizon!
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Growth vs Value Investing
There are two fundamental schools of thought in investing in companies or the stock market. Growth investing is where an investor researches and buys companies that have or will have strong earning growth. Whereas Value investing focuses on researching companies that appear to be undervalued in the marketplace and have great potential based upon their…