[Moneywise] Rising prices and uncertainty about how long they’ll last are putting Americans in a bad mood. Inflation was worse than expected in November, with consumer prices soaring 6.8% from a year ago. That inflation rate was the steepest in more than 30 years, with gasoline, housing, food and cars […]
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[Moneywise] He might have billions of dollars to his name, but unlike other celebrities and financial gurus, Warren Buffett prefers to live life simply. The Oracle of Omaha won’t be found living in a mansion in the Hollywood Hills, collecting a fleet of fancy sports cars or dining daily on […]
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[Acorns] “You can get started investing with as little as $10 or $20 a month and work your way up.” Four years ago, my wife and I had a combined $40,000 debt that we were struggling to pay off. We were living paycheck to paycheck, had no savings, and we weren’t tracking […]
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[CNBC, Getty Images] The average interest rate for 30-year fixed-rate mortgages decreased to 3.17% from 3.18% last week, but the Mortgage Bankers Association said applications for a mortgage to purchase a home fell 3% and were 2% lower than the same week a year ago. “Tight housing inventory, obstacles to […]
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(CNN) Ellen Coleman had never received so many offers on a house in her 15 years of selling real estate. She listed a fixer-upper in suburban Washington, DC for $275,000 on a Thursday. By Sunday evening, she had 88 offers. “The offers just kept coming,” she said. “I felt like Lucy […]
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[CNBC] When I got laid off from my job in 2015, I promised myself that I’d do whatever it took to become my own boss and never go back to a full-time job. It was a goal that came with many brainstorm sessions and lots of Excel spreadsheets. In the end, I […]
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[Business Insider] Being “good” with money isn’t a right or wrong question. It’s more about how you think about your money. One sign that a person is good with money is an understanding of asset protection — if you have the right insurances in place, I know you’re thinking about […]
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[Business Insider] When my parents first got engaged, my father went to the library to read about “married peoples’ finances.” The book he checked out recommended tracking every penny of your spending, then budgeting based on your spending. Following that advice for over 50 years has allowed them to buy […]
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[MarketWatch] When I was single, I bounced checks. What can I do? ‘He earns all the money and handles all our finances. I love to spend money and have a head-in-the-sand approach to money problems’ Dear Moneyist, I am a 65-year-old woman married to a great guy for decades. We […]
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[USA Today, Getty Images] Little expenses can bleed your bank account dry. Here are three types to be aware of. We pay small(ish), avoidable expenses all the time. Banks make billions on overdraft fees alone. Utility companies tack on late fees if our payment reaches them two days late. We […]
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