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May 16

Sell Your Wares At the Right Place

There are so many places to sell your wares now, but eBay power seller Suzanne Wells says that where you sell what, can maximize your return. With one in 10 households pay for extra storage space, storage usage is up 65% since 1998. So how do you get rid of all that stuff? If you

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Surge In Retiring Boomers Selling Small Businesses

As the economy improves, baby boomers are successfully selling their small businesses. According to the managing director at Headwaters MB, a Denver-based investment bank, “Trillions of dollars of business value are going to change hands in the next 10 to 20 years.” Retiring boomers are finding a market for their small businesses as buyers are

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Experian Renews Partnership with FICO

Experian, one of the three major U.S. credit Bureaus, has entered a long-term partnership with FICO, the provider of the FICO credit score. In 2009, the two companies failed to create a partnership, after which Experian stopped providing FICO credit scores to consumers. The renewed partnership means that Experian will begin selling FICO scores again.

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May 15

Airlines Rake In $3.5 Billion for Baggage Fees

U.S. airliners charging an average of $25 for the first checked bag and an average of $35 for a second checked bag have combined for $3.5 billion in fees for 2012. U.S. airline companies took an additional $2.5 billion in reservation change fees. Don’t expect these fees to go away anytime soon, as they have

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New Estimates Show Improvements in National Debt

The Congressional Budget Office released new estimates showing the budget deficit will shrink this year to $642 billion. This is the lowest number since President Obama first took office and gives hawkish Fed Governors a green light for more aggressive fiscal policy. Read the full article here. Related: Fear Not Those Debt Collectors

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New Payroll Tax Hikes to Affect Consumer Spending

“Most Americans plan to cut spending to make up for income lost from the payroll tax hike,” according to a New York Federal Reserve study released Wednesday. The Payroll tax cut, which reduced the amount withheld from each household from 6.2% to 4.2% has expired, making consumers wary. Households affected are likely to cutback annual

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Unexpected Setbacks Costing Retirees

According to recent surveys done by Ameriprise Financial, baby-boomers retirement savings have taken hits of up to $144,000. Some factors include job loss, taking care of an adult child, and market declines. “Forty percent of respondents reported five or more unanticipated events,” according to CNN Money. The survey was limited to people aged 50 to

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Looking Past the Price Tag

There are several purchases where we should almost always ignore the price tag and try to bargain. Normally we would bargain for most purchases but these choice items have inflated prices the majority of the time. Tags in retail stores, MSRP’s on cars, and medical bills have the tendency to have the price ratcheted as

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May 13

Planning a Cruise? 10 Things You Need To Know

From the outset, cruise lines have always attracted newcomers with special deals. Those trips can sometimes turn into nightmares for all types of reasons. Here are a few tips/ideas a veteran traveler can share in making your experience a memorable one. Get the story full story here.

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Let’s Rework That Bond Strategy

With well-known names like Warren Buffet and Dan Fuss declaring the bond market a lost investment, where does that leave retirees to stray? These managers believe there is only one direction for bonds: south. Get the full story at MarketWatch. Related: Put Your Retirement Fund on Cruise Control

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