Tag #Personal Finance

Showing 13 to 24 of 143 results

cbsnews.com
🌐 65% Global Worthiness
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Credit Card Debt Forgiveness: 3 Actions to Avoid for August Approval

To qualify for credit card debt forgiveness by August 31st, borrowers should avoid making minimum payments, losing financial paperwork proving inability to pay, and increasing debt to meet program thresholds; alternative debt relief options exist.

Progress

56% Bias Score

Reduced Inequality
nos.nl
🌐 65% Global Worthiness
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Nibud Proposes Single Fixed-Cost Payment Day in Netherlands

The Dutch Nibud agency proposed aligning all fixed cost payments (rent, insurance, utilities) to a single day, a move supported by many but facing challenges due to differing current payment schedules across various sectors, impacting millions.

Progress

28% Bias Score

No Poverty
cbsnews.com
🌐 75% Global Worthiness
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Four Warning Signs Indicating Bankruptcy as the Best Debt Relief Option

Four clear signs signal the need for bankruptcy: using debt to pay other debts, spending over 50% of income on essentials, considering retirement account depletion, and facing foreclosure/repossession; bankruptcy offers legal debt relief and a fresh start.

Progress

52% Bias Score

Reduced Inequality
pda.hab.kp.ru
🌐 85% Global Worthiness
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Sberbank AI Uncovers Common Financial Mistakes, Offers Personalized Solutions

Sberbank's AI-powered PFM tools, used by over 10 million clients, revealed common financial mistakes: unused subscriptions costing 1000 rubles monthly, impulsive purchases reducing savings by 30%, and lack of savings despite stable income; AI provides personalized recommendations to improve financia...

Progress

24% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Five Signs Your Credit Card Debt Needs Professional Help

High interest rates and insufficient income contribute to unsustainable credit card debt for millions of Americans; five warning signs indicate when professional help is needed, including inability to pay beyond minimums despite budgeting, credit utilization exceeding 50%, using credit for essential...

Progress

52% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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High Interest Rates and Costly Mistakes Fuel US Credit Card Debt Crisis

The average American cardholder owes almost \$8,000, largely due to rising living costs and high-interest rates; five common mistakes — minimum payments, ignoring promotional rates, cash advances, closing old cards, and late payments — significantly increase debt costs.

Progress

48% Bias Score

Reduced Inequality
cbsnews.com
🌐 65% Global Worthiness
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July 2025 CD Maturities: Avoiding Costly Renewal Mistakes

As numerous certificates of deposit (CDs) mature in July 2025, many face lower renewal rates (average 2.03% APY vs. previous 5%+), prompting experts to advise against auto-renewal and to suggest comparing rates and terms before committing to a new CD term or considering high-yield savings accounts.

Progress

48% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Money Market Accounts Slightly Outperform CDs in Current High-Interest Environment

With interest rates elevated, money market accounts currently offer slightly higher returns than long-term CDs on a $5,000 investment, although CDs provide fixed rates and money market accounts offer flexibility and variable rates.

Progress

36% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Record US Credit Card Debt Fuels Surge in Debt Consolidation

Americans are grappling with record credit card debt (nearly \$8,000 average), coupled with high inflation and 22% interest rates, leading to a surge in debt consolidation strategies like personal loans, balance transfers, and debt management programs; the success of these methods depends on individ...

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Consumers Grapple with Economic Uncertainty: Expert Financial Advice

A recent survey shows UK consumers are worried about the slowing economy, possible tax increases, and rising food costs; experts advise on managing money in uncertain times by diversifying investments and securing mortgage deals in advance.

Progress

36% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 65% Global Worthiness
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Financial Nudges: Positive Framing and Reflective Tools Most Effective

A study in the Judgment and Decision Making journal found that people prefer financial nudges focusing on saving over spending cuts and reflective tools over automatic defaults; younger adults and women showed the strongest preference.

Progress

56% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Canada's Economy Shrinks Amid US Tariffs

Canada's April economy shrank 0.1 percent, largely due to a major drop in manufacturing caused by US tariffs; President Trump ended trade talks and will impose blanket tariffs on Canadian goods next week in response to a new Canadian digital services tax.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 143 results