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How Recession-Ready Are Your Finances?

Every day seems to bring new headlines about the next recession — what will cause it, when it will hit, and how bad it will be. Today, for example, MarketWatch is prominently displaying this article: "Why a major trade war
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The Essential Steps for Getting Out of Debt

Getting out of debt is one of the most common goals people set at the start of a new year. Since it seems to be one of the top financial goals at the beginning of every year, it’s a safe assumption that many of this year’s
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Financial Regrets: Most of Us Have a Few

Many U.S. adults wish they had done things differently with their finances. That’s the key take-away from a new national survey from the personal finance site, NerdWallet. Specifically, 71% said they have financial
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Protecting Your Information After the Equifax Hack

“On a scale of 1 to 10, this is a 10.” So said fraud analyst Avivah Litan about the recent cyber-theft at credit-reporting firm Equifax that potentially compromised the financial and identity information of more than 140
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Giving Generously While in Debt

When Karen and Scott got married, Karen had nearly $50,000 of non-mortgage debt. Scott, who was a Chicago firefighter at the time, jokingly referred to it as “a reverse dowry.” Several years before meeting Scott, Karen
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Student Loans Tarnishing the ‘Golden Years’

Much has been made of all the stress and strain education debt is inflicting on young college grads. But the fastest growing segment of the population with burdensome school debt isn’t the young. It’s borrowers who are
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Getting in Shape in 2017 With a ‘Fiscal Health Day’

Several years ago, when New York Times personal-finance writer Ron Lieber was furloughed for a few days, he responded in true personal-finance expert fashion. By devoting one of his unpaid days off to taking care of a list
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2 Simple Steps Toward Getting Out of Debt ASAP

Getting out of debt tops the list of Americans’ financial priorities, according to a recent study by BMO Wealth Management. If getting out of debt is one of your top goals, two simple steps will speed up the
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Should You Consolidate Your Student Loans?

More than a quarter (26%) of all American adults have student-loan debt. Many of those people (28%) never finished earning a degree. Among young people who did recently complete their degree, more than two-thirds (70%)
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New Ways of Thinking About Reverse Mortgages

Reverse mortgages used to be considered a cash-flow option of last resort. That perception is changing, due to new regulations that have made them safer, as well as new cash-flow strategies that appeal to younger retirees.
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