“Millennials already contended with graduating into one of the worst recessions in history and now, a little over ten years later, it feels like we’re getting punched in the teeth again,” says “Broke Millennial” Erin Lowry, author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together. Lowry …
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One of the most powerful strategies I’ve found for improving my life is the idea of systems. Basically, rather than setting a goal for yourself, you develop a system of some kind, a set of daily actions that gradually nudge you toward that goal. For example, instead of saying “I’m …
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The Monetary Authority of Singapore (MAS) has confirmed that the country “will enter into a recession this year”, in a macroeconomic report released today. This major economic downturn has been brought on by the impacts of the coronavirus outbreak. Singapore’s economy already contracted 2.2 per cent year-on-year in the first …
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Over the last few weeks, I’ve read countless stories and had many conversations (online ones, to be clear) with readers, family, friends, members of my community and others about how this period of social distancing is affecting their life. There’s a lot of hardship out there. Many people have lost …
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Back in 2018, roughly 40% of Americans said they would struggle to cover an unexpected $ 400 emergency bill. Jean Chatzky, an award-winning personal finance journalist and CEO and co-founder of HerMoney, says the COVID-19 pandemic has revealed how alarming that statistic really is. “If you don’t have a reserve, …
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Americans are facing more than health concerns as a result of the spread of novel coronavirus COVID-19, recently labeled a pandemic. As events and attractions postpone operations, many workers are being laid off until further notice. Those who can work may be faced with the choice between showing up sick …
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Whenever I’m doing a task that doesn’t require my full focused attention — meaning when I’m doing things like washing the dishes, doing laundry, making a simple meal or running an errand — I’m usually listening to a podcast. I use the Overcast app on my phone to subscribe to …
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Most people who find their way to The Simple Dollar have one key thing in common: they want to achieve some level of financial success that they don’t currently have in their life. For some, just keeping their head above water without continuing to rack up overdrafts and finance charges …
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