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Bleak News of Declining Homeownership Means You’ll Happily Rent Forever
Aug 14

Bleak News of Declining Homeownership Means You’ll Happily Rent Forever

Is declining homeownership a sign that the American Dream is dead or just being deferred? According to the Commerce Department’s latest statistics, homeownership levels at the end of the second quarter in 2014 stood at 64.7 percent, the lowest level in 19 years. It gets worse. For people under 35, the homeownership rate has tumbled

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5 Brilliant Ways to Handle Finances Freshman Year That Will Help You Beat Future Debt

5 Brilliant Ways to Handle Finances Freshman Year That Will Help You Beat Future Debt

The first year for a college student is an exciting and challenging time. With a new campus to explore, friends to make, and homework to complete (in between social time), it’s easy to feel overwhelmed as a first-year college student. Adjusting to the college life will take some time, but one thing that can’t wait

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Here’s the Skinny on How to Trim Some Fat from Mortgage Junk Fees
Aug 13

Here’s the Skinny on How to Trim Some Fat from Mortgage Junk Fees

Shopping for a home loan might not be as easy as comparing carbs and calories on the backs of different cereal boxes, but borrowers are beginning to see more transparency and get the real skinny on paying closing costs, which can amount from 2 percent to 5 percent of their total home loan amount. The

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5 Realistic Ways Millennials Can Hustle Their Way to Millionaire Status

5 Realistic Ways Millennials Can Hustle Their Way to Millionaire Status

Millennial millionaires are more common than you think. The Millennial Generation seems to be fascinated by its young millionaires and the glamorous fortunes they’ve made in tech, stocks and so forth. The unspoken question remains: If you can do it, why can’t I? For the most part, advice to Millennials on “how to get rich” falls into two

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Why 30-Somethings Need to Be Cautious About Sharing a Credit Card Account
Aug 12

Why 30-Somethings Need to Be Cautious About Sharing a Credit Card Account

Have you considered adding your soon-to-be spouse or a partner to your credit card account? Thought about adding an authorized user on your account to help your someone out? Ever lent your credit card to a friend or loved one? Credit card sharing happens every day, but if you’re not careful you might end up

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How the Wealthy Use Clever Seller Incentives to Attract Big Offers and Why You Should Too
Aug 11

How the Wealthy Use Clever Seller Incentives to Attract Big Offers and Why You Should Too

Greeting guests to Alan and Nancy Smiley’s 6,000-square-foot, Downton Abbey-ish, Tudor-style mansion in River Forest, Il., is a fully loaded, teeth-grinning polar bear, rearing up nearly as high as the foyer’s 17-foot beam-covered ceilings. His towering, taxidermied presence is just part of the Smileys’ 70-plus menagerie of lions, tigers and bears peeking at you from

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Why New FICO Score Rules Could Be a ‘Game-Changer’ In Helping You Obtain a Loan

Why New FICO Score Rules Could Be a ‘Game-Changer’ In Helping You Obtain a Loan

Some 64.3 million U.S. consumers who have at least one medical debt on their credit report woke up to a healthy dose of good news on Friday that the Fair Isaac Corp. (FICO) — which lenders use in 90 percent of their consumer and mortgage lending decisions — will penalize them less for their unpaid

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Prepaid or Secured Credit Cards: Which Works Best for You?

Prepaid or Secured Credit Cards: Which Works Best for You?

Having bad credit is not a death sentence, financially speaking. And if you have bad credit is doesn’t mean you’re now relegated to paying cash for everything from now on.  Even if your credit doesn’t currently allow you to to take out a traditional credit card or checking account and debit card, there are options.

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Why Mortgage Protection Insurance Is Perfect for You If You’re a Pessimist
Aug 10

Why Mortgage Protection Insurance Is Perfect for You If You’re a Pessimist

You did it! You’re a new homeowner. You scraped together every last nickel for the down payment and signed your name to so many escrow documents that you turned your fingertips blue and created a national paper shortage. But, you can finally breathe easy, right. Skies are blue! Not so fast, my newly mortgaged and

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4 Questions to Answer Before Switching Jobs That Indicate You’re Ready to Quit
Aug 09

4 Questions to Answer Before Switching Jobs That Indicate You’re Ready to Quit

For a lot of people, the daily grind starts to catch up after a while. Those who have been working the same job for years likely know all too well just how taxing an experience it can be to show up each day when the passion leaves the building, and while this isn’t always the

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