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Retirement may seem like a long way off when you’re in your 20s, but it’s never too early to start planning for the future. The earlier you start saving for retirement, the more time your money has to grow and compound, which can make a big difference in the long run. In this article, we’ll
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As a young adult, it’s easy to put off thinking about your financial future. After all, retirement is years away, and you have more immediate concerns, like paying rent and student loans. However, starting to plan your finances early can have a huge impact on your future financial stability and success. The first step to
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Compound interest is a concept that many people have heard of, but few fully understand its power. It is a type of interest that is calculated not only on the initial amount of money but also on the accumulated interest. In other words, it is interest on interest. Compound interest is a crucial factor in
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