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Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

Another difficulty has to do with the fact that rules of thumb related to stock market returns don’t always work out, either. What if you estimate your retirement based on how much you are able to save, but a job loss means you can’t set aside money anymore, plus you lose your employer match? Money Tips'

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

Not Having an Emergency Fund It is dangerous to spend every cent you earn and not to have buffer against illness, injury, job loss or hard economic times. Ignoring Your Debt Debt is not just going to go away, you must handle it and work to whittle it away. Look into effective health, disability and life insurance plans.

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