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August 2019

Finance

7 Financial Mistakes I Made in My 20s (And How YOU Can Avoid Them!)

#1 I waited too long to open a retirement account. Saving for retirement when you’re about 40 years away from it can feel pointless, but that’s actually the best time to do it because you can take advantage of compound interest. Because I’ve been self-employed since age 23, I thought I had no options for a retirement account since I had no employer. Usually, as an employee, you’ll have access to a 401K plan, which is sponsored by your employer.…

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