We all hope our children will grow into financially responsible adults. By introducing personal finance early in life, we provide a better chance for our kids to become financially successful later in life. However, most parents do not feel qualified to talk to kids about money.
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Having fewer lower-priced homes in negative equity is helping to make more homes available for buyers. After all, it’s tough to sell your home when it’s worth less than you owe on it. But rising values have drastically reduced the number of homes in negative equity, leading to an increase in for-sale inventory in markets across the country.
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Credit card debt that seems safe and manageable can become an untenable burden once we’re hit with a job loss or family medical emergency. That’s why – at the least -- your credit card debt should never exceed the amount you've set aside to deal with emergencies.
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Credit scores can be a scary three digit number until you understand where they come from, what they mean, and how you can maintain a good one. In this article we'll walk you through all the ins and outs of credit scores and how you can improve yours.
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