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Walmart Launches Store-to-Store Money Transfer Service
Apr 17

Walmart Launches Store-to-Store Money Transfer Service

Walmart has launched a money transfer service that allows consumers to transfer money between more than 4,000 nationwide Walmart stores. This Walmart-2-Walmart Money Transfer Service looks to compete with the likes of Western Union and MoneyGram. “After listening to our customers complain about the high fees and confusion associated with transferring money, we knew there

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MyBankTracker and The Money Coach Join Forces For Financial Literacy Month
Apr 11

MyBankTracker and The Money Coach Join Forces For Financial Literacy Month

Financial Literacy Month is here, and joining us in April is Lynnette Khalfani Cox, better known as The Money Coach. Stay tuned for Lynnette’s answers to your burning financial questions! If you have a money question, tweet us @mybanktracker, @themoneycoach and include #realmoneytalk on Facebook and Twitter. Image via Flickr

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IRS Rules Bitcoin as Property
Mar 26

IRS Rules Bitcoin as Property

On Tuesday, the Internal Revenue Service ruled its stance on how to treat Bitcoin and taxes. The digital currency is now to be considered property, as opposed to actual currency. The announcement has sparked a lot of controversy for Bitcoin supporters since people who use the digital currency as a form of payment must now

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Strategies to Boost Returns on Series I Savings Bonds
Jan 28

Strategies to Boost Returns on Series I Savings Bonds

Series I savings bonds, offered by the Treasury Department, are savings vehicles that can complement your typical deposit accounts. Sometimes, I bond rates are more attractive than the rates from savings and certificates of deposit (CDs). Using some strategies, including some careful timing, you can maximize the interest that you earn from Series I savings

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Setbacks the Middle Class Has Faced
Jan 24

Setbacks the Middle Class Has Faced

Focusing on the prosperity of the middle class and getting the economy back into good form are the two things President Obama has tried to achieve during his presidency. Despite a recovery being underway, there are still many setbacks the middle class has faced to see a completely positive turn for the better. The U.S.

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Snow Forces Federal Offices to Close, Grounds Flights
Jan 21

Snow Forces Federal Offices to Close, Grounds Flights

A forecast for more than 6 inches of snow forced federal offices in Washington to close and has grounded thousands of flights. The frigid weather also forced New Jersey Gov. Chris Christie to cancel a planned inauguration party on Ellis Island. According to the website FlightAware, 2,619 flights were canceled as of 10:42 a.m. EST.

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Food Stamps Cut for 850,000 People
Jan 17

Food Stamps Cut for 850,000 People

A deal in Congress could cut the amount of money people collecting food stamps would receive by $90 on a monthly basis. According to the Congressional Research Service, the overall plan would be to cut nine billion dollars from food stamps over the next 10 years. This isn’t the first sign of food stamp cuts

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U.S. Cost of Living Expenses Increase By Most in 6 Months
Jan 16

U.S. Cost of Living Expenses Increase By Most in 6 Months

The cost of living in the U.S. climbed in December to its highest amount in six months, the Labor Department reported today. The 0.3 percent rise in the consumer-price index was the biggest since June. Increases in fuel and rents helped push cost of living expenses up, while decreases in medical commodities like prescription drugs

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Frugal Tips for Saving Major Cash

Frugal Tips for Saving Major Cash

Saving money is one thing that can put your mind at ease, and there are a variety of simple ways you can keep more cash in your pocket. For instance, many retailers have a policy of matching the price of any competitor, so take advantage of price-matching. Also, did you know that many vegetables can

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Fed: High Student Debt May Restrict Economic Growth
Jan 15

Fed: High Student Debt May Restrict Economic Growth

With Americans owing more than $1 trillion in student loan debt, Federal Reserve economists are trying to figure out the impact that high education debt could have on U.S. growth. In the third quarter of 2013, outstanding student debt exceeded $1 trillion, according to the Federal Reserve Bank of New York. And the share of

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