Credit cards are easy to use, and can be helpful financial instruments. Today, many Americans use cards as reserve funds to cover medium to large purchases. However, it is also …
Tag:
mortgages
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Six million homeowners in the U.S. owed more money than their house was worth in Q4 of 2015 and, in the bizarro world of modern economics, that’s the good news. …
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A surprising number of Americans have little in the way of investments and a sad number have none at all. One has to wonder how the non-investing fraction of our fellow …
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The economy and personal finance are moving targets and that makes conventional wisdom a rear-facing metric. One topic that goes a long way back in conventional thinking is the concept …
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This Winter put a damper on the economy, which is pretty amazing when you think about it. Even in the absence of epic snowstorms and traffic-snarling ice, winter has never …
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One of the frustrating things about personal finance is watching people, smart people, make the same mistakes over and over. Those bad decisions happen at the personal level, then bubble …
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You’ve probably seen the television commercials. The likes of Alex Trebek, former Senator Fred Thompson, Henry Winkler, and Pat Boone are featured, all telling you with a concerned look — …
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You see them on TV — the parade of “B” actors talking in smooth, reassuring tones about how great a reverse mortgage can be. If it’s such a great deal, …