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Money Matters - How to Build Healthy Financial Habits and Prevent Future Debt

Motherhood Moments

In this blog post, we'll share some of the top financial habits that can help you improve your financial mindset and reduce your chances of falling head over heels in debt. Smart money hacks for the debt-averse individual Here are some of the easiest and most effective strategies to get you started on the road to financial success.

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The ABC’s of Debt Reduction

Prairie Eco-Thrifter

It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. Regardless as to the specifics, many Americans have elected to decrease spending, increase savings and eradicate debt. Fortunately, there is no one size fits all plan to debt reduction. Create a budget.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Key takeaways Home equity loans and HELOCs are both financing tools that allow you to borrow against your ownership stake in your home. Home equity lines of credit (HELOCs) and home equity loans are two similar finance tools — methods of borrowing money against the ownership stake you have in your home. HELOC: What is it?

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What Is A Home Equity Loan?

Savings Corner

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. While high compared to their average of six percent in 2022, that’s significantly lower than other forms of consumer debt. What is a home equity loan?

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Totally Money Blog Carnival #18 – 6 Ways to Save Money Edition

Prairie Eco-Thrifter

Credit cards can be a great tool but these mistakes are all too common. I did this yeas ago when I was in debt and it made paying off the debt a reality. Tax Debt Help presents Savers Tax Credit: Get Rewarded for Retirement. She was still struggling with college credit card debt. Save Money this Spring: #5.

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Best Credit Cards – December 2023

Savings Corner

Redeeming points or miles might involve booking travel through an online tool similar to Orbitz or Expedia. Most cards offer a “grace period” : If you pay your balance in full on each statement — meaning you don’t roll over any debt from one month to the next — you won’t be charged interest.

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Worse, once you’ve spent all that energy, your audience may be apt to flee to the next popular influencer, trend or social media platform. Some platforms invest in equity (stock), while others invest in debt. Generally, stock offers high returns in exchange for more risk, while debt offers lower returns in exchange for less risk.

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