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3 Reasons Why There’s No Such Thing as a Stable Job

Posted by Melissa Batai on Jan 10th, 2023 · 0 Comment

Sixty to eighty years ago, people graduated from high school and started a job. They would likely work at this job until they retired. Then, at retirement, they received a pension from their employer and enjoyed retirement until the end of their lives. My, how times have changed. As much as we might want to tell ourselves our jobs are secure, there’s no such thing as a stable job. Maybe there never...
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Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

3 Reasons Why There’s No Such Thing as a Stable Job

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Critical Financials’ Basic Personal Finance Rules

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