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US President Elect, Donald Trump attends the welcome ceremony at official reopening ceremony of Notre-Dame Cathedral in Paris, France on December 7, 2024, after more than five-years of reconstruction work following the April 2019 fire.

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Millennials can prepare for President-elect Donald Trumps administration by establishingfinancial plansand determining what to do with their money.

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If you need help with money management, thesequick tips from financial experts can help.

Currently it looks like theyre offering 4.5%.

Dossey advocates for the snowball method.

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Im also a big fan of maxing out your IRA during this timeframe.

Developing new skills can lead to higher-paying career opportunities and gives you more options.

Weve personally gotten the highest return on investment by investing into ourselves.

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Whatnew skill sets, certificates or degrees will help you earn more money or negotiate a raise at work?

The potential ROI of taking a few college courses or interning cannot be overstated.

But heres the catch: The average credit card user doesnt exactly have thehealthiest financial habits.

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The rewards game can quickly spiral into debt if youre not careful.

So, heres your New Years financial hack: Pay off your credit card balance every month.

Youll reap the rewards without letting interest charges eat into your hard-earned perks.

For the savvy investor, theres aunique tax strategyworth noting.

However, this strategy can be complex.

Consulting a qualified financial professional familiar with digital assets can help navigate this opportunity effectively.

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