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Protect Yourself From Identity Theft

18. October 2010

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Protect Yourself From Identity Theft

Hello NeedMoney, Although I have never been a victim of identity theft, a very close friend of mine was. I can attest to the sheer agony fixing all of the damage entailed for her, and ever since witnessing her ordeal I have been especially careful to take steps ensuring that I do not fall victim […]

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China Signals Increased Currency Flexibility

17. September 2010

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China Signals Increased Currency Flexibility

Since 2008, China has pegged its currency exchange rate to be fixed to the US Dollar, but those days appear to be over for now. In news that got the attention of forex traders everywhere, the Chinese central bank announced the peg would end but also warned that that a sudden appreciation or revaluation would […]

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New Rules Change Credit Card Fees

14. September 2010

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More news about credit card changes in the U.S. The Federal Reserve set regulations for credit card issuers which limit penalty fees to $25. The average of existing penalties is $39, so this is welcome news for many card holders having trouble with payments. The rules do state, however, that there can be an exception […]

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Power In Numbers: The Advantages of Community Shopping

6. August 2010

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Power In Numbers: The Advantages of Community Shopping

Consumers are watching every penny in the current weak economy. Several new websites seek to capitalize on this bargain hunting, and they attempt to leverage the power of group purchasing. Individuals can band together on these sites in order to obtain deep discounts on everything from groceries to luxury vacation travel. Although there is not […]

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New Financial Education App From Visa

3. August 2010

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New Financial Education App From Visa

Financial literacy in America is currently in a sorry state, and Visa is seeking to improve the financial acumen of both American kids and adults. To this end, they have introduced a free iPhone App titled The Practical Money Skills Calculators. A wide array of features comes along with this app, and it can be […]

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HelloWallet Scuffles With Mint

28. July 2010

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HelloWallet Scuffles With Mint

HelloWallet and Mint.com have emerged as two of the most popular websites seeking to give consumers financial advice. Upstart HelloWallet recently fired a shot at Mint asserting that Mint does not truly look out for the best interests of their users. The claim is that Mint derives its revenue from advertisers — most of whom […]

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Want to Avoid Estate Tax? 2010 Is A Good Year To Die

19. July 2010

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The legislative process and compromises often result in laws and policies which can be quite illogical. Take for instance the current status of the estate tax. Several years ago there was a pitched battle between the parties over future rates for the estate tax — which spawned the very effective GOP tactic of referring to […]

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Senators Afraid Of Those Newfangled ATM’s

15. June 2010

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Senators Afraid Of Those Newfangled ATM’s

Taking a few bucks out of an ATM is as reflexive to most of us as breathing. Most of us assume that those in charge of crafting financial regulations are intimately familiar with the financial issues which face average citizens on a day to day basis. This apparently is not the case. The Washington Post […]

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Mortgage tips: Avoiding foreclosure

9. June 2010

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Mortgage tips: Avoiding foreclosure

The foreclosure epidemic in America is ongoing, and many desperate homeowners are seeking any tactic possible to stave off losing their home. Arising from this backdrop is the “produce the note” movement. This is a strategy propagated by many lawyers and foreclosure defense specialists, and it entails demanding that your lender produce the actual note […]

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Landing A Job For Only $6

6. June 2010

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Landing A Job For Only $6

Current unemployment levels are at historic highs — in some areas upwards of 15% of the population are now unemployed. Many eager — if not desperate — job seekers are constantly looking for ways to outshine their competition and quickly get back to receiving a dependable paycheck. In this arena, the spoils most often go […]

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What the &%*# is Happening In Greece — And Will It Affect Me?

16. May 2010

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What the &%*# is Happening In Greece — And Will It Affect Me?

Europe is in crisis. You’ve surely witnessed scenes of rioting and anarchy playing out on the streets of one of the world’s oldest democracies. What exactly is happening in Europe? Think of the EU (European Union) as your family. One family member (Greece) engages in reckless financial practices and runs up a huge amount of […]

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HelloWallet Seeks To Help Struggling Consumers

9. May 2010

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HelloWallet Seeks To Help Struggling Consumers

A new financial advice website, HelloWallet.com, has recently launched. The site is the brainchild of founder Matt Fellowes who came upon the HelloWallet concept while doing research for the prestigious Brookings Institution. Fellowes ascertained that average Americans lose over $100 billion each year due to a lack of financial information resulting in bad decisions when […]

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