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It weighs on your mind, distracts you from the present and can even affect your relationships.
These types of savings and investment vehicles will allow you to grow your wealth over time.
Reed advised opening a traditional or Roth IRA to put away even more money for the future.
The IRA contribution limit for 2025 is $7,000, she said.
Making Impulse Purchases
Be mindful of how social media can influence your spending patterns.
This money is off-limits unless a true emergency comes up.
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