Paying off your debt can be overwhelming. CNBC Select speaks to a personal finance blogger who debunks three misconceptions that may be in your way. Paying off your debt can seem like an obstacle you don’t even know how to start climbing over. While millions of Americans carry some form of debt — whether from credit cards, medical…

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Are your retirement savings growing as fast as other people’s in your age group? Did the conoravirus knock your retirement off track? The answer might be surprisingly upbeat. In a season filled with distressing news about the coronavirus pandemic, disappearing jobs, lost income and — don’t forget — civil strife and racial injustice, some Americans are constructing very…

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The Story If you listened to your parents, you know money doesn’t grow on trees. But it can grow in the bank. That’s why saving should be at the top of your financial to-do list. That’s why I’m here. Let’s go. Start by looking at your personal stats: how much you make, how much you…

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So you’ve started a new job and the company offers stock options as part of its benefits package. Maybe you have no idea what that means, or you’re not quite sure how to get started. Here are some basics you should know. Most companies offer perks as part of a salary package: vacation days, 401(k)s…

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Now that we’ve celebrated our Independence Day, you may want to consider another form of independence: financial. Financial independence is about having the freedom to work or not work as you choose because you’re no longer dependent on income from working. If it’s something you aspire to, here are some steps you can take: 1.…

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Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. The federal tax deadline is July 15, which means there’s more time to contribute retirement savings to…

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Becoming wealthy and staying that way takes a certain level of discipline. Sure, an occasional splurge won’t put you in the poor house, but frequent frivolous spending can quickly erode your net worth. The frugal habits necessary to achieve financial success and maintain it can be surprisingly simple. Read on to meet 14 business leaders…

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Take these steps to protect against unpleasant surprises now and in retirement. Over the past few months, a lot of people’s financial goals have shifted. Rather than thinking about their futures, many are worried about how they’re going to make ends meet each month. And rather than filling up their 401(k)s, some are tapping them…

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There are plenty of reasons to avoid taking money out of your retirement savings before you retire. “These are emotional times and it can be tempting to take funds from a retirement plan to pay for current expenses,” says Allison Brecher , General Counsel at Vestwell in New York City. “Participants closer to retirement age should presumably…

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