How to Eliminate the Two Biggest Sources of Financial Stress
The Art of Manliness
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Strategies to Reduce Financial Stress and Increase Income
Taking steps to increase income can significantly alleviate financial stress. This can involve pursuing opportunities like further education to secure higher-paying jobs or starting a side business. Additionally, diversifying investments can help mitigate financial risk and reduce stress caused by market volatility. A well-balanced portfolio such as the awesome portfolio, consisting of stocks, bonds, gold, cash, and real estate in 20% proportions, can offer a similar return to the stock market while reducing risk by half. By implementing these strategies, individuals can proactively address financial stress and work towards a more stable financial future.
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