You've Been Warned: Using Public Wi-Fi Could Put Your Finances In Jeopardy
Per the FTC, public Wi-Fi is "usually safe" thanks to encryption; however, still take steps to protect your personal info from being compromised.
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'Keep Your Account To Yourself': Kevin O'Leary's Stern Warning For Couples
This said, Kevin O'Leary's financial advice to couples needs some context, which we provide here. He didn't just offer this warning out of the blue.
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Why This Special Penny From 1943 Is Worth A Ton Of Money
In 1943, approximately 40 pennies were mistakenly struck, making them among the rarest coins you'll find today. Here's why they're so special.
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How To Choose The Best Home Improvement Loan For Your Renovation
When borrowing money to repair and/or renovate your home, there are actually several options. One risky one, however, is often best left on the table.
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Nearly 40% More Americans Prefer This Banking Method To Visiting A Branch
As with shopping, more people are using mobile/online banking these days. Still, there continue to be customers who prefer what branches offer.
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The 50-Cent Coin That's Worth A Ton Of Money
The U.S. half dollar dates back to 1794, and there have been three different individuals to feature on the coin's obverse. The last change took place in 1964.
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10 Ways Banking Fees Are Costing You
Many common bank fees are avoidable, you just have to know what not to do (like overdraw your account). What you manage to save in return may surprise you.
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How Do Online-Only Banks Work?
Surveys say more than 70% of people prefer banking online than in person. This shift has opened the door for banks that lack any physical location to visit.
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Why Warren Buffett Once Told His Daughter, 'Go To The Bank Like Everyone Else'
Warren Buffett has a very specific plan for how his wealth (nearly $144 billion) can do the most good. His three children will help him achieve it.
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Does The National Debt Actually Affect You And Your Wallet?
The national debt reached $35 trillion in July 2024. But, this is the government's debt, so does it actually affect your wallet? In a way; here's how.
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FBI Reports Financial Losses From Crypto Scams Increased By 45% Last Year
Further, complaints to the FBI's Internet Crime Complaint Center (IC3) demonstrated that crypto scammers are now operating across all scheme categories.
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Think Twice Before You Discuss This Financial Information With Friends
While money doesn't have to be a non-topic when talking with friends, there are some things to keep in mind if/when it comes up in your conversations.
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At This Age, Paying Off Your Mortgage Should Be Your Biggest Money Goal
No financial advice is universal. With that said, as you near retirement, you may start to zero in on eliminating one monthly expense: your mortgage.
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Where To Exchange Your Saved Coins For Cash
Saving coins in a coin jar in an old-school way to save for a future treat, but once you're ready to exchange them for cash, what are your options?
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What The NY Fed's Survey Of Consumer Expectations Just Told Us About Inflation
July's Survey of Consumer Expectations included a three-year outlook on inflation that was its lowest ever. However, short-term, consumers were less confident.
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A Significant Drop In Home Value Can Impact Your HELOC. Here's How
Homeowners have a few ways to borrow against their home, including taking out a line of credit, or HELOC. Here, we explain why home value matters with a HELOC.
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What Really Happens When A Bank Fails?
As a consumer, any concern you have over a bank(s) failing is understandable. Here, we go over the FDIC's steps and how it will likely handle your money.
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Who Actually Benefits The Most Financially During A Recession?
While you can guess that the wealthiest of consumers can benefit from a recession, there are two other groups that can also come out of a recession better off.
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What To Do If An ATM Fails To Dispense Your Money
At last count (in 2022), there were 451,500 ATMs in the U.S. With this many, it's not impossible for one to glitch. If this happens to you, here's what to do.
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How Much Cash Should You Leave In Your Investment Portfolio?
In a portfolio, you'll want a mix of asset classes, including cash (equivalents). As for how much cash, that'll depend on factors like age and risk tolerance.
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How Interest Rate Changes Affect Banks In The US
In a discussion on interest rate changes and bank profits, it begins with a particular concept: net income interest or NII. For banks, it's a balancing act.
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New CFPB Rule Creates Registry To Track Nonbank Bad Actors
The new rule establishes a registry that will facilitate the CFPB's supervision of certain nonbanks. Its effective date is September 16, 2024.
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Is Paying Off A Car Loan Early A Good Strategy? Here's The Truth
The average auto loan balance grew by 5.2% in 2023, per Experian data. For many, erasing this debt would be helpful, but there are other advantages, too.
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You've Been Warned: This Type Of Savings Account Will Only Hurt Your Finances
When it comes to savings, you have some choices. One key factor to consider is an account's APY. Will your money's purchasing power diminish or grow?
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The Economic Impact Of A Global Tech Outage
The July 19 global tech outage that brought down millions of computer systems served as a stark reminder of how interconnected the world's IT infrastructure is.
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The Wealthy Use High Interest And High Inflation To Their Advantage (& You Can Too)
While your assets won't make you a one-percenter, that doesn't mean you can't use similar tactics used by the wealthy to grow your money, too.
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What To Do When You're Denied A Checking Or Savings Account
Being denied a checking or savings account today doesn't mean you won't be able to secure one in the future. In the meantime, you have a few easy options.
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