Tag: organize your finance
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Use the Rule of 72 to Double Your Money
Once you’re out of debt, you want to invest 15% or more of your income. (You’ll want to invest more than 15% if you’re behind.) The cool news is your invested money will compound over time. The Rule of 72 demonstrates this concept. For example, if you invest $1000 monthly for 20 years at a…
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How to afford expensive home repairs without having a heart attack or using debt
Your home is your most valuable asset. Like any asset, you want to maintain, protect and even increase its value. Just like your car needs an oil change, your home needs regular repairs and maintenance. The problem is they’re not ALWAYS predictable but they always seem to be expensive. Often people try to band aid…