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4 Pitfalls of Not Having a Financial Plan

Carson Wealth

There are some things in life you just can’t plan for: an unexpected illness, job loss, death of spouse, disability. And while experiencing one of these major events can drastically impact your life, having an effective financial plan can help ensure that it doesn’t ruin your financial well-being.

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6 Financial Planning Mistakes Physicians Make

WiserAdvisor

Managing and optimizing this income can be complex. A financial advisor can help you understand the intricacies of financial planning for physicians. Below are 6 common financial planning mistakes physicians make: Even though financially well-off, physicians tend to make several financial mistakes.

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How to Financially Prepare For the Unexpected

Gen Y Planning

Review Insurance Coverage One of the most effective ways to financially prepare for the unexpected is to incorporate the right insurance coverage into your financial plan. Enjoy the Peace of Mind Being Prepared Brings Being financially prepared brings about an incredible amount of peace of mind.

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How Much Should I Have Saved in My 30s?

Carson Wealth

Your financial planning needs get more complex than in your 20s. Managing Debt  . Like many people in their 30s, you may have accumulated a variety of debt. Establishing Appropriate Insurance Coverage  . Track income, expenses and build in budgeted items for future financial goals.

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12 Steps To Creating A Solid Financial Plan For Yourself

Clever Girl Finance

No one cares more about your financial well-being than you, so having a personal financial plan is important. Knowing how to make a financial plan will allow you to save money, afford the things you want, and achieve long-term goals like saving for college and retirement. Table of contents What is a financial plan?

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The 15 Worst Financial Decisions And How To Recover From Them

Clever Girl Finance

How to stop delaying financial decisions: To stop delaying important financial decisions, start by breaking down the actions you need to take into smaller, manageable steps. If you need to, seek support from financial professionals or mentors who can provide guidance and accountability.