Although buying a Certificate of Deposit can earn your higher returns than a regular savings account, it can have the negative side effect of _________.
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not Having to be tied to a fixed rate saving account
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Upon retirement, some retirees save money by ________.
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Moving to live with their children
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Two necessary expenditures which are leading inflationary indicators are _________.
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Food and gasoline
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What disadvantage would be experienced by a person applying for their Social Security benefits at age 62?
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They would receive only a partial benefit for as long as they collect Social Security
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As your income rises, _______.
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The amount of taxes you pay increases
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A 401(k) account is very valuable because ______.
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Money contributed to a 401(k) is not taxed
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When your taxes have increased, you may be able to legally save money by _________.
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Making itemized deductions on your return
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If you find out you're going to have your job downsized, you should ________.
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Review and reduce your future spending
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Individual Retirement Accounts (IRAs) are very popular because ______.
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They are not taxed until retirement
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Emergencies can be difficult for retirees to handle, because retirees ___________.
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Typically live on a fixed income
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Someone who is extremely dissatisfied with the direction of their current employer and has their own great ideas, an independent streak, and a great work ethic might decide to _______.
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Quit their jobs and start their own business
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It is worthwhile to build your network of contacts because ________.
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Networking provides the most successful job leads
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In order to help an interviewer remember you, it is recommended to __________.
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Tell a compelling story about yourself
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If you decide to hunt for your next job while you are still employed, you should be careful to _______.
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Keep the information to yourself
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One natural consequence of mastering your job can be increased _______.