You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. The personal finance realm may have more guidelines and tips to follow than any other. Although these rules are good to know, everyone has their own circumstances. Here are some rules prudent people, especially young adults, are never supposed to break—but can break if necessary. Making impulsive purchases feels good but can significantly impact long-term investment goals. So can making unwise loans to family members.
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It is a topic that covers a broad array of areas, including managing expenses and debt, how to save and invest, and how to plan for retirement. In addition, it can include ways to protect yourself with insurance, build wealth, and ensure wealth is passed on to the people you want it to pass to. Additionally, saving for retirement doesn’t make much sense if you have credit cards or interest-bearing loans to pay off. The 19% interest rate on your Visa card probably would negate the returns you get from your balanced mutual fund retirement portfolio five times over.
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Doctor of Credit shares money management strategies and savings suggestions. The site focuses on practical ways to be frugal, as well as information about credit cards, the best cards out there, and the different rewards available. High-traffic site that could draw considerable attention to your writing endeavors.
Contributing writers who write two or more posts per month for at least three months may be paid a negotiable rate based on the quality of your work. Bonuses may also be paid based on post performance. The Investment and Finance related articles are published here is only for educational purpose, so that people can get the correct finance tips regarding their future investment.