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10 Ways Tech the Web Changed the Personal Finance Industry

Before the Internet, the personal finance industry was a robust and successful one. Everything from seminars to planners to newsletters and books were sold in mass quantities, and there was no reason to believe this would ever change. While this industry still exists, we cannot help but notice the way individuals now conduct their personal financial affairs. Certainly, technology has …

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11 Ways to Fail Financially While in College

Academics are not the only thing you should worry about as you grind through the horrendous prison that is college parties, booze, spring break oh, the horror! According to a recent study by Sallie Mae, the average college student will graduate with $4,100 worth of credit card debt, a staggering amount in addition to what they’re already owing from their …

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Rewards: When to Use Credit vs. Debit

Both credit and debit cards offer various types of benefits. Credit allows us to use money we don’t have on hand; debit cards are like cash, but more convenient. I often use my credit card instead of cash or a debit card (even when I have available funds) because I love accruing credit card rewards. I store them all up …

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7 Best Tools for Reducing Credit Card Debt

As America’s slight economic hiccup (read: the Great Recession) comes to a close, for many, its effects are still being felt on a daily basis. Many people who were on top of their bills are now finding themselves in credit card debt, while those who already had debt are now deeper than ever. Although getting out of debt is easier …

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Time: Your Most Valuable Resource

Do you ever get the feeling that just as with money, you need to budget your time as well? While most people have thought that money is the measure of wealth, recent experiences have shown me that on the contrary, it is time that is our true resource. When we talk about wealth generation, our primary investment in that process …

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The Future of Banking

When I turned nine, my grandmother gave me a bright yellow, circa 1980 Robie the Robot Bank from Radio Shack for my birthday. When I placed a coin into Robies hand, he lifted it to his mouth and swallowed my change, keeping it safe for a rainy day in his metal belly. The best part was always the little robot …

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3 Credit Tips for Fast Credit Repair

In today’s world of failed mortgages and credit card crunch, credit repair is even more important now than ever before. People are looking for ways to improve their credit rating and standing to get the best deals possible. With credit and lending tightening everywhere its no secret that getting your credit repaired and in as good shape as possible is …

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Beware of ‘Credit Repair Specialists’

If your credit is dangling between fair and disastrous, you may be desperate for a quick solution to repairing it. Millions of others are in the same situation, and there are plenty of scam artists who are ready to take advantage of that desperation. If you want to repair your credit with the assistance of credit repair specialists, beware. Not …

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Mint Review: More Than a Budgeting App

Even before I started blogging about personal finance myself, I’d frequently come across articles about various financial apps. That’s when I started to notice a trend: regardless of what list I was looking at, Mint seemed to always be included. Eventually I came to learn that what I thought was just a mobile app also had a desktop site and, …

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Posting Consumer Complaints About Credit Card Companies Increases Consumer Satisfaction With Bank

An interesting academic paper out which studies Consumer Financial Protection (CFPB) complaint reporting found the reporting assisted both consumers and the credit card companies. The investigation looked at the results of public reporting of complaints and found “Consumers procrastinate in reporting exposed banks while rewarding exposed banks for their improved behavior with new accounts.” Most interestingly, “both consumers and banks …