Personal Finance

Is That New Car Smell Worth $14,000?

The average transaction price for a new vehicle last month was $37,401, down slightly from the July average, but up 2% year over year. Perhaps that's one reason that franchise ...
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These Are the Cars Americans Keep the Longest

The average age of a light-duty vehicle (passenger car, pickup truck or sport utility vehicle) currently traveling U.S. roads and highways is 11.8 years. Research firm IHS Markit estimates that ...
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Are Millennials Good Tippers?

Proper etiquette would suggest tipping for certain services, but this isn’t always the case. Some people are more generous than others, while many aren’t giving tips at all. A new ...
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How Consumers Look Today as Recession Risks Become More Prominent

With the endless media calls for a recession, one would think most Americans would at least be preparing for a downturn. Either the public thinks the media's use of the ...
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This Is How You Hurricane-Proof Your Home

One of the most often seen images ahead of a hurricane making landfall is that of customers lined up at their local lumber store with stacks of plywood sheets to ...
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8 Treasury Bond Alternatives for Investors Who Need Income in 2019 and Beyond

It's becoming a difficult sell to ask many retail and income-oriented investors to buy Treasury notes and bonds now that the yield curve has inverted and long-term yields are at ...
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More Millennials Are Going Into Debt for Their Pets

Pets make up an incredibly important part of many consumers’ lives. In fact, many pet owners spend a substantial amount of money on their “fur babies” reflecting this. Millennials make ...
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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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