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Personal finance links: inevitable course corrections

Abnormal Returns

(awealthofcommonsense.com) Home buying math is bad right now, but will it be any better a year from now? bloomberg.com) Personal finance Things to do before pulling the plug on your job and retiring. awealthofcommonsense.com) Ten tips for a better life including 'Give up fast food/prepared meals.' moneytalks101.substack.com)

Math 245
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Going All In To Solve A Retirement Shortfall (Part 2)

Random Roger's Retirement Planning

change at retirement. Hopefully a mortgage is paid off, hopefully there are no car payments to make and health insurance at 65, if retired, should go down quite a bit on Medicare, especially if income goes way down. Once someone is retired, saving for retirement is one less expense too.

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15 Recession-Proof Businesses That Thrive in Any Economy

Clever Girl Finance

Food and beverage 3. These include sectors like healthcare, food, repair services, and childcare. These businesses typically operate in industries like healthcare, food, repair services, and personal care. Food and beverage Food and beverage are also recession proof industries. What is a recession-proof business?

Economy 69
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10 Most Useful Personal Finance Ratios And How To Apply Them

Clever Girl Finance

The term personal finance ratios might be giving you flashbacks to math class. You can use ratios to keep track of many different aspects of your financial situation—from cash flow to savings to retirement and more. Just think about the things you can’t live without (housing, utilities, food, health insurance, etc).

Numbers 105
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Average Net Worth By Age: Where Do You Stand?

Clever Girl Finance

This is very important for retirement, and knowing what your target net worth by age should be will help you better understand how to reach your personal financial goals. You will likely want to retire in the next decade, so it's important to save and invest as much as possible while also not being too risky. Rowe Price.

Budgeting 119
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How Does The 60 30 10 Rule Work For Budgeting?

Clever Girl Finance

With this system, you will use 60% of your take-home pay to build your savings or even an early retirement account , invest, save up for a down payment, or repay debt. These might include food or frugal meals , rent or mortgage payments, utilities, healthcare, and transportation like car payments.

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401ks Are A Scam? They're The Worst Scam?

Random Roger's Retirement Planning

Generally speaking, pensions are less viable than they used to be, the math doesn't work as well. The only pension I am remotely close to is the Arizona Public Safety Personnel Retirement System. The concept of pensions is that they provide a security net to retired workers. Is he right? Is he wrong?