Personal Finance

These Four Southern States Have the Highest Bankruptcy Rates in the US

Bankruptcies rose last month nationwide, hitting a total of 64,283. That was up 3% from July of last year. Bankruptcies are on a pace to reach nearly 800,000 in 2019. ...
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Credit Card Rates Hit 25-Year High

Americans have paid very high interest rates on credit cards for decades, and in many years the average has been over 15%. They set a 25-year record in May, at ...
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This Is Why Kids Born in Big Cities Make More Money As Adults Than Others

Being born in a big city is no guarantee of starting life with a silver spoon in one's mouth, but it can have significant advantages. In the United States, for ...
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This Is How People Avoid Data Hacks When It Comes to Money Payments

The hacking of 106 million Capital One accounts once again showed the potential dangers of exposure of personal data given to financial firms and retailers. Some Americans have avoided this, ...
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Sextortion Is Back and the Number of Scams Is Steadily Increasing

Which do you fear more: that yours is one of the 100 million personally identifiable records stolen from Capital One or that someone is threatening to reveal a personally embarrassing ...
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Selling Your House May Cost You a Lot More Than You Think

While a lot of pixels are burned giving home buyers advice on what to look for, how to negotiate and what to do when you lose out to a higher ...
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Household Wealth Rose by a Stunning 4.5% So Far in 2019

The Federal Reserve's Flow of Funds report issued each quarter might not sound like the most exciting topic to discuss over a happy hour, but something inside that report should ...
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The Car You’re Buying Says a Lot About Your Credit Score

Most people don't pay cash for cars. They either lease them or finance them. The credit rating range among buyers of car brands varies widely. Luxury car buyers tend to ...
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15 Great Dividend Stocks Retirees Should Own in 2019

There are many types of investors in America. Whether you are in your twenties or retired, it is important to know what strategy is the best fit for your portfolio. ...
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Social Security Is Running Out of Money: Here Are 11 Questions Everyone Must Ask

As we noted in our coverage of the 2019 annual report of the trustees of the Social Security and Medicare funds released on Monday, the Old Age and Survivors Insurance ...
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Retirement Shock: It’s Worse Than Social Security Going Broke in 2035

There has been a longstanding concern, some mythical and some based on math, that there will be no Social Security for retirees in the future. While this is not entirely ...
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As Tax Filing Deadlines Near, How the Obamacare Tax Can Surprise Many Investors

With taxpayers knee-deep in tax season, it's important to keep investments and taxes in mind when it comes to your tax bills ahead of the April 15, 2019 deadline. There ...
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US Drivers Can’t Wait to Dump These Cars

As of last November, the average age of a light-duty vehicle (passenger car, pickup and sport utility vehicle) currently traveling U.S. roads and highways was 11.6 years, exactly three years ...
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As Tax Filing Deadline Nears, Capital Gains and Dividend Tax Traps to Avoid

With the tax code having been changed yet again in 2018, many investors who have started filing their taxes will be getting some surprises around how much they owe for ...
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Americans Feel Better About Saving for Retirement Than They Have in Years

A recent survey from CNBC and Acorns found that Americans are more confident about their retirement savings now than three years ago. The Invest in You Savings Survey examined the ...
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