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What Is A Personal Loan?

Savings Corner

One of the biggest benefits of a personal loan is that they often charge lower fixed interest rates when compared to other forms of lending, like credit cards. Pros Lower interest rates: Personal loans typically have lower interest rates compared to credit cards, especially if you have a high credit score.

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7 Things You Should Teach Your Kids About Money

Prairie Eco-Thrifter

If you spend like crazy when you’re shopping, charge up your credit cards, and take out enormous loans to pay for your home or car, then your kids are likely to follow in your footsteps because they’ll think that’s normal behavior. De-Programming Your Kids. Saving and Investing Early.

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How to Avoid Impulse Spending

Prairie Eco-Thrifter

Are you surprised when your credit card bill arrives at how much more you charged than you thought you had? This impulse spending will prevent you from saving for the important things like a house, a new car, a vacation or retirement. Leave your credit cards at home. Please be honest with your answers. Yes or No.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) We just wanted to pay off our credit cards, which seemed like a huge task since we’d struggled with it for years. Then my husband decided to pay off his car. The rest was our house.

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