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The Importance of a Balanced Savings Strategy
It sounds kind of counter-intuitive to say it, but a post by The Motley Fool’s Katie Brockman on ravallirepublic.com suggests that the reflex to “…start saving as early as possible and sock away as much as you possibly can in your retirement account” might not be the best strategy for you in the long run. If the conviction to save, save, save causes you to rack up credit card debt, for example, that’s a losing proposition in her analysis. Check out her article here…
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