Tag #Personal Finance

theglobeandmail.com
🌐 65% Global Worthiness
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Post-Debt Financial Planning: Strategies for Savings and Investment

Following debt repayment, experts recommend establishing an emergency fund, then allocating funds based on short-term (1-3 years), medium-term (3-6 years), and long-term goals using appropriate investment strategies while considering individual risk tolerance and income adjustments.

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28% Bias Score

No Poverty
cbsnews.com
🌐 75% Global Worthiness
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Will HELOCs Remain a Smart Borrowing Option in 2025?

With average home equity nearing $320,000 and interest rates on HELOCs potentially declining in 2025 while remaining lower than alternatives, HELOCs may remain an attractive borrowing option for homeowners, but risks of default exist if payments are missed.

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44% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Refining Budgeting Strategies in Your 30s: A Guide to Financial Growth and Stability

This article provides essential budgeting tips for individuals in their 30s, focusing on adjusting financial goals, strengthening emergency funds, saving for major life milestones, avoiding high-interest debt, building wealth, and planning for long-term healthcare and insurance needs.

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32% Bias Score

No Poverty
theguardian.com
🌐 35% Global Worthiness
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Saving for Sunny Days: The Psychological and Financial Benefits

This article explores the psychological and financial benefits of saving money, offering practical tips and highlighting research on the link between saving and life satisfaction.

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40% Bias Score

No Poverty
theglobeandmail.com
🌐 25% Global Worthiness
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First Stock Story: Lessons Learned in Investing

A Canadian man shares his first stock market experience, including the lessons learned and how they shaped his investment strategy today.

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24% Bias Score

cbsnews.com
🌐 75% Global Worthiness
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Falling HELOC Interest Rates Offer Homeowners Cheaper Borrowing Options

In 2024, HELOC interest rates have fallen almost two percentage points, offering homeowners a cheaper borrowing alternative to credit cards and personal loans; however, using home equity requires careful consideration of variable interest rates and the current economic climate.

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48% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Will HELOCs Remain a Smart Borrowing Option in 2025?

Rising inflation and interest rates in 2022 drove homeowners to utilize their home equity; the average amount was nearly $320,000. In 2025, HELOCs may remain advantageous due to potentially lower interest rates and rising home values, but they come with risks if not handled responsibly.

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48% Bias Score

Reduced Inequality
cnbc.com
🌐 45% Global Worthiness
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Airline Credit Card Comparison

This article compares various airline credit cards, highlighting rewards, fees, and additional perks to help readers choose the best option based on their travel habits.

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36% Bias Score

jpost.com
🌐 30% Global Worthiness
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Is Early Retirement a Good Idea?

This article discusses the FIRE movement (Financial Independence, Retire Early), exploring its principles, potential drawbacks, and the author's critical perspective, particularly regarding its applicability in Israeli culture.

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48% Bias Score

Decent Work and Economic Growth