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.
Up Next in All Classes
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3 Min Beneficiary & Why It Matters
Understand the purpose of beneficiaries and how to protect your assets early.
☑ Future Financial Protection
☑ Smarter Planning Decisions
☑ Legal Term Awareness✎ Pro Tip: Even without a will, naming a beneficiary on accounts like life insurance or retirement plans helps avoid probate.
*This c...
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3 Min The Retirement Gap
Uncover why many people fall short in retirement savings, and what you can do now to avoid financial strain later.
☑ Stronger Retirement Planning
☑ Future Lifestyle Protection
☑ Greater Income Preparedness✎ Learn The Facts: The average American aged 55–64 has only $134,000 saved for retirement...
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3 Min Protecting Your Paycheck
Understand how disability insurance, savings, and employment benefits can safeguard your income during illness, injury, or sudden job loss.
☑ Income Preservation
☑ Workplace Benefits Insight
☑ Emergency Preparedness✎ Learn The Facts: Statistics show that over 25% of today’s 20-year-olds will e...
