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5 Personal Finance Tips for 2024
Apr 6, 2024
Join finance experts Ian Dunlap, Troy Millings, and Rashad Bilal as they discuss personal finance tips for 2024. They cover topics like saving 40-50% of income, investing 25%, exploring different indexes like Vug and VGT, investing in businesses outside publicly traded markets, and the value of financial education with book recommendations.
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Quick takeaways
- Save 40-50% of income and invest 25% for financial stability.
- Diversify investments in indexes like VUG and VGT for growth.
Deep dives
The Durban Marshall Credit Card Bill and Finance Tips for 2024
Congress is considering the Durban Marshall Credit Card Bill, which threatens to eliminate credit card rewards. The bill proposes credit card routing mandates that could impact consumers' ability to earn cash back and travel points. To protect credit card rewards, individuals are encouraged to voice opposition to this legislation. Additionally, five finance tips for 2024 are shared, emphasizing the importance of not overspending, saving a significant portion of income, investing wisely, focusing on personal development, and exploring opportunities outside traditional markets.
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