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How to Eliminate the Two Biggest Sources of Financial Stress
The Art of Manliness
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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