2 Min Financial Considerations After A Raise
Financial Independence For Young Adults
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2m 33s
Use income boosts to advance goals, and not just increase your spending.
☑ Better Long-Term Planning
☑ Improved Saving Habits
☑ Reduced Impulse Spending
✎ Pro Tip: Allocate raises with the 50-30-20 rule—50% to needs, 30% to wants, and 20% to savings or debt. This also allows you to have a set financial plan even in times of uncertainty or struggle.
*This content is intended for general information purposes only. It is not intended to be relied upon and is not a substitute for professional health, legal, tax, investment, or financial advice based on your individual conditions and circumstances. Your use of Caravan services is subject to additional terms and conditions.
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