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7 Mistakes Six Figure Earners Make to Learn From

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Everyone makes mistakes with their money at some point in time – even those who earn six figure salaries.

Though, the beauty of other people’s mistakes is that we can learn from them without having to make them ourselves. There is a common saying that is summarized as:

  • Learning from other people’s mistakes is best.
  • Learning from your own mistakes is good.
  • Making mistakes and not learning from them is worst.

If I had the choice, I’d choose option number one all day. And that’s what were highlighting in this article – 7 mistakes that six figure earners make that you can learn from.

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Blooom Review: How to Optimize Your 401(k)

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A 401(k) is one of the most popular investment accounts available, but many of us are not utilizing it to its full potential. That’s where Blooom comes into play, and I’ve got a full review of this 401(k) optimization company below.

Look, I get it, there are a lot of things that are more fun than optimizing your 401(k). I’m sure you’d rather be:

Okay, maybe not so much the last one, but hey that’s important too!

The good news is Blooom (yes, 3 O’s) created a service to help everyday investors get the most out of their 401(k). It’s definitely worth learning more about them, including the 100% free analysis that they provide, which can help answer questions like:

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Jobs for 15 Year Olds: How to Make Money as a Kid

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Similar how the best time to start investing is yesterday, the best time to start earning an income is yesterday as well.

For most of you reading this, it’s probably too late to get a job at age 15 if you didn’t have one. Unless you have a time machine.

But it might not be too late for you kid. Or niece or nephew. Or neighbor.

Below are some good reasons to consider getting a job as a teenager, and some good ideas of where to look first.

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Easy Ways to Make Money from Home

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Learning how to increase your income is one of the best ways to balance your budget. That’s because the amount of money you can earn is unlimited, while you can only cut so many expenses until your left with nothing. And making money from home is probably one of the best ways to increase your income!

Todd from Invested Wallet is an expert at it. Check out his list of great ideas on how to make money from home below.

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Betterment Review: Is Betterment Worth It?

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Betterment is a robo-advisor that offers a ton of great features – like managing your investments for you and optimizing your investments for taxes. But it is also more expensive than investing on your own. So we reviewed Betterment with this question in mind – is Betterment worth it?

The short answer is, yes, it is worth it if you are a new investor. Or someone who just wants to take a hands off approach to investing.

So, if you’re ready to start investing today, you can get started with Betterment here.

If you want to learn more about Betterment before getting started, just read our full review below.

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