man holding two stacks of money - balance transfer

If you’re struggling with high-interest debt, a balance transfer credit card could be the solution to your problem. By moving balances from your high-interest credit cards to a balance transfer credit card, you can score a 0% interest rate for 12 to 21 months, buying you time to make faster progress on your debt – or even pay it off entirely. Not only can you do this with minimal or even zero fees, but you can save hundreds – or even thousands – …

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Connie writes in: I am sick and tired of having to live a miserable life in order to save for retirement and to pay down debts. Every single day I am just saying NO NO NO to the life I want to be living. So sick of it. This was actually just one paragraph in the middle of a long email, where Connie was mostly venting her frustrations about the financial challenges in her life, but this paragraph really stuck …

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We all know that credit cards offer one of the easiest ways to build a solid credit history that will last a lifetime. Still, getting approved for a credit card isn’t always as easy as it sounds. If you’ve never had a credit card before or have a severely limited credit history, it can be difficult to find a bank that will give you a shot. And if you have bad credit or a poor credit history, your chances of being …

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Goals are a major part of my life. I’ve found, particularly over the last ten years, that setting personal and professional goals and achieving them have improved my life in virtually every conceivable way, from our financial state to the relationship I have with my kids, from my understanding of the world to my professional state and the opportunties it provides. Goals work. But sometimes they don’t work. I’d estimate that the majority of the goals I have set for …

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The sharing economy — which includes ride-sharing services like Uber and Lyft and home-sharing platforms like Airbnb, among others —  is bigger than ever. The number of travelers booking their lodging through home-sharing sites this summer doubled compared to last year. And while 17% of Americans were using some form of the sharing economy last year, be it Uber or Airbnb, that number has now more than doubled to 36%. Pew Research found that 72% of Americans have used some form of the sharing economy (Pew’s definition …

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For the past several years, the United States has been in a period of very low interest rates on many types of loans. Home loans can be had below a 4% interest rate – that’s substantially below what’s normal historically. Car loans are at a similar low point in terms of interest rates, too. Because of these low rates, many financial gurus like to talk about the idea of “good debt” and “bad debt.” They often separate these debts based on …

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What is a money order? It’s simply a little piece of paper that allows the person named to receive a specified amount of cash. Money orders are widely available, cheap, and offer a more secure way to make a big purchase than paying with cash. If you’re wondering how money orders work and why you would need one in the age of online banking, keep reading. We’ll cover the basics and more, including how to get a money order, how much …

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There are innumerable personal finance books stocking the shelves of bookstores coast to coast. I’m sure they all have useful bits of information in them. However, I’ve always felt that one of my favorite books contains enough nuggets of financial wisdom to displace them all. If push comes to shove, I can follow the principles laid out in its text and believe that my money will be just fine. That book is Henry David Thoreau’s Walden. The following nine quotes demonstrate …

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It’s a statistic that I just can’t get over: 76% of Americans live paycheck to paycheck. That just simply blows my mind every time I think about it. Three quarters of America would run into serious financial problems if they missed their next paycheck or two – they’d have to skip bills or sell things or make major life changes immediately. There are lots of reasons for this. I could list dozens of them off the top of my head. …

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Having bad credit is a bad feeling. Maybe you pulled your credit report for the first time and got some bad news. Or maybe you had good credit, but made a couple of bad decisions — curse that 15%-off promotion that tempted you to apply for a store credit card you then forgot about! — that ended your perfect record. Meanwhile, some people have bad credit not because they did something wrong, but because they haven’t done enough right. But when it comes …

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