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10 Things You Should Know About Saving
Tweet Share on Facebook August 25, 2010 Comment (1)One of the most important things you can do for yourself -- and your future -- is to set aside money for saving. Opening a savings account is a good way to start. A habit of saving can help you achieve financial freedom, since you will be prepared for emergencies, as well as prepare for the future that you want. In order to help you better understand the process, here are 10 things you should know about saving your money:
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Don't Stop at the Latte Factor
Tweet Share on Facebook August 25, 2010 CommentSchools throughout the country are beginning to introduce money management lessons into mathematics classes. For a young public that is confused about compound interest, doesn't know how to balance a check book, and wonders how their lives become consumed by debt, more attention on personal finance during adolescence can only be a positive influence.
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Six Popular Credit Score Myths
Tweet Share on Facebook August 24, 2010 Comment (1)Your credit score is one of the most important numbers in your life and one of the most misunderstood. So many people don't understand how the credit scoring system works because Fair Isaac Corporation, the designers of the FICO credit score, gives only vague hints as to how they calculate it. It's specially designed to be difficult to understand and impossible to guess.
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5 Great Ways To Downsize Effectively
Tweet Share on Facebook August 24, 2010 CommentDownsizing –- it’s all about embracing simpler living. A lot of us have had to go down this road ever since the recession hit us with full force.
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4 Secrets of the Ultimate Profile Photo
Tweet Share on Facebook August 23, 2010 CommentYour high school sweetheart isn’t the only one looking you up online. Your online photos are also being seen by prospective employers, credit checkers, or anyone curious about your background.
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6 Ways To Cut Back-to-School College Costs
Tweet Share on Facebook August 20, 2010 Comment (1)Heading back to college or going away to school can be an exciting and expensive time in a student's life. There are people to meet, interesting courses to study, tuition to pay, and textbooks to buy. After the excitement wanes though, it's not hard to feel discouraged by the big bills that need to be paid. Before spending all of your student loans on back-to-school gear, try these six ways to cut your college costs.
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New Credit Card Rules Tackle Fees, Rates
Tweet Share on Facebook August 20, 2010 Comment (6)Your credit card is about to become more consumer-friendly. The Credit Card Accountability Responsibility and Disclosure Act of 2009 authorized the Federal Reserve to implement new rules regulating the credit card industry. Many of these rules took effect on February 22, 2010, including 45 days notice for interest rate hikes, restrictions on getting a credit card under age 21, and the elimination of double cycle billing.
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How Some Credit Cards Harm Credit Scores
Tweet Share on Facebook August 18, 2010 Comment (5)Whether consumers care to admit it or not, one of the most important numbers in one's financial life -- perhaps in one's life overall -- is the credit score. For a typical American, the credit score along with the full credit report could dictate how easily you will be able to build wealth.
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How Your Savings Account Is Ripping You Off
Tweet Share on Facebook August 18, 2010 Comment (2)Savings accounts were created as a way of helping bank customers put money away for a particular purpose. These accounts used to be low-balance requirement, no-fee, high-interest bearing savings vehicles. It appears that banks have forgotten this and are now trying to use savings accounts as a way of taking customers’ money. Commercial banks are often the worst offenders.
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Review Your Specialty Consumer Reports
Tweet Share on Facebook August 17, 2010 CommentWhen the Fair Credit and Reporting Act (FCRA) was amended by the Fair and Accurate Credit Transactions Act (FACTA) in 2003, consumer reporting agencies were required to provide consumers with copies of their reports. There were a litany of articles reminding people to review their credit reports at Equifax, Experian, and TransUnion, the big three in the credit reporting world. While those are likely the most important reports you need to review, there are plenty of other, smaller, consumer reporting agencies that request your attention as well.
