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Make Money Fast

The Finance BFF guide on how to setting financial goals, investment property, make money fast, money saving tips, financial recovery. Visit us at https://thefinancebff.com

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Make Money Fast

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  1. How to Start Getting Your Finances In Order At Any Age Financial Goal

  2. THE FINANCE BFF Your money fuels your life, allowing you to live comfortably, have meaningful experiences, and support loved ones. On the flip side, however, you may lack the means to afford certain luxuries and accomplish lifelong goals, like paying for a child’s education, traveling to bucket-list destinations, or simply having a peaceful retirement. This will be about how to start getting your finances in order at any age for those of you that don’t know where to start if you’re 19 or 79, this is for you!

  3. KNOW YOUR FINANCIAL GOALS The very first thing to consider when getting started with managing your finances is your financial goals. We can give you all the quick financial tips you could want, but if you don’t have your goals clearly defined it won’t matter because you won’t know which tips might apply to you and which would send you in the wrong direction.

  4. IMPROVE YOUR CREDIT SCORE 50 40 Most people understand credit scores are important. But they’re probably more vital than you think. An ideal credit score is 750 or above. Those with a credit score below 650 are generally only eligible for subprime loans, which typically carry higher rates. This will affect your purchases when it comes to cars, homes, credit cards, loans, etc. 30 20 10 0 Item 1 Item 2 Item 3 Item 4 Item 5

  5. SAVE MORE MONEY If you are the average millennial saving 7 percent of your income, you will need to increase this to 10-20 percent if you want to maintain your current level of consumption in retirement. Start cutting back on unnecessary expenses. Stop throwing away your money on rampant consumerism.

  6. REDUCE AND ABOLISH ANY DEBT This is probably the most difficult step in the process but it’s crucial to get your finances inline. You have to consolidate or pay down your debt. Legal Zoom recommends that you at least double the minimum payment plus the finance charge every month. You should also transfer balances to one or two cards with low APRs to help track your credit card debt.

  7. CELEBRATE YOUR FINANCIAL SUCCESSES Downsizing and restricting your lifestyle can bring down morale. Recognizing small successes is a good way to keep morale up and momentum going. You’ll take many small steps as you get your finances in order. Celebrate them!

  8. Thank You

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