Posts tagged money market accounts
Money Lessons Learned in 2020 That Redefined Our Goals

Whatever else 2020 brought, however, it certainly highlighted some fundamental money lessons worth considering. I genuinely believe these are things we can all benefit from revisiting.

If you’re already doing some of them well, be encouraged – not all of us held it together quite so well over the past year. If you learned some painful lessons, please know you were far from alone. Whatever your current financial status, there’s no time like now to take a deep breath, set your feet in the present, and point your face towards the future.

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How to Save for a Downpayment is Key to Your Homeowner Goals

One of the biggest challenges for would-be homeowners is saving up a downpayment. A downpayment is basically always required for those who wish to buy a home. However, it's hard to put such a large amount of money aside in savings. You need to plan carefully to save up this kind of money. You also need to stick to your financial goals over time.

Fortunately, there are many things you can do that make it easier to save for a downpayment If you're ready to get started, it's time to be informed.

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Living Below Your Means Should Always Be the Goal

There is a lot of information about what living within your means actually means. Living below your means is when you aren’t spending more money than you earn. You spend less or equal to the amount of money you make each month from your sources of income. Living below your means doesn’t mean that you aren’t able to spend money on things you love in order for you to enjoy your life. Instead, the goal is to create a more secure financial future with long term financial goals while still enjoying the fancy dinner out occasionally.

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