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financial control

5 Financial Regrets (And How to Avoid Them)

Phil Town

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Posted in financial control

Many times in life, regret is unavoidable. When it comes to financial regret though, you really try to avoid it as much as possible.

Regret over money is just the worst…

How to Save $10,000 This Year

Phil Town

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Posted in financial control

Saving $10,000 in a year may seem like a pretty hefty goal, but it’s a lot easier than it sounds…

I’m not talking about saving pennies through couponing, skipping your lattes, or eating ramen every night either.

4 Bad Investments for the Middle-Class to Avoid

Phil Town

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Posted in financial control

Over 120 million Americans fall into the middle-class.

The American middle class was once thought of as the backbone of the national economy and while the people who make up the middle class are still just as hardworking as ever, some of the things that we thought we’d have – like retirement, a house, a debt-free lifestyle – just aren’t there anymore.

Investment Risk vs Investment Reward

Phil Town

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Posted in financial control

Does taking more risk when you invest actually yield more rewards? Risk and reward are the yin and yang of investing. Both are always present, though it is certainly possible to reduce your investment risk and increase your reward if you follow the right investing strategy.

Before you can go about reducing risk and increasing reward, though, you first must understand what the risks and rewards are – and what you can do to alter them.

Understanding The Pros and Cons of Credit Cards

Phil Town

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The average United States household now carries more than $16,000 in credit card debt.

Can you relate?

5 Tips for Investing in Your 20s

Phil Town

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Posted in financial control

When it comes to investing, the earlier you start the better. Compound interest will help grow your money exponentially, meaning that if you start investing in your 20s, rather than later in life, you can end up with many times the amount you saved as a young person. When it’s time to retire, you will find that a few hundred dollars invested at age 20 has grown into a valuable asset.

If you are in your 20s and want to get a head start on investing, here are a few tips to help you out.

6 Money Traps to Avoid in Your 30s

Phil Town

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Posted in financial control

Getting to middle adulthood demands a shift in priorities. Once you stop needing to count the days to your next paycheck, it’s time to start really planning out your financial future. There are so many money traps that can get in the way, and you may not even realize it.

5 Tips to Help Improve Your Credit Score

Phil Town

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Posted in financial control

Learning how to improve your credit score is essential for financial and investing success.

It’s no secret that your credit score can have a major impact on your ability to get approved for financing—but did you know that your credit score can even affect your ability to rent an apartment or secure certain jobs?

Why You Don’t Need a Financial Advisor

Phil Town

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Posted in financial control

One of the most commonly held misconceptions in investing is the idea that you must work with a financial advisor in order to be successful.

Perhaps this myth has persisted for so long thanks to persistent marketing on behalf of financial advisory firms.

However, the reality is that investors who manage their own money are often able to perform just as well or better than those who work with a financial advisor and without any high fees eating into their returns.

7 Tips For Spending Money Wisely

Phil Town

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Posted in financial control

For some people, financial struggles are due to not bringing in enough money. For many others, though, the problem comes from not spending money wisely or from spending more money than they make.