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How to Protect Yourself from Online Scams

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The FBI’s 2020 Internet Crime Report states that there were 300,000 more internet crimes (phishing, non-payment/non-delivery scams or extortion) complaints in 2020 than in 2019. Check your credit report quarterly. Review your report frequently for any odd transactions or fraudulent postings.

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What Is a Credit Freeze, and Should I Do It?

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million reports of identity theft. When you apply for credit, lenders typically pull your credit report to decide if and how much to give you. Credit freezes restrict access to your credit report. If lenders can’t see your credit file, they can’t approve the credit application.

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Rent vs. Buy: What’s the Right Decision for You?

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For example, 84% of respondents in a 2020 survey from personal finance site NerdWallet said buying a home is a priority. They didn’t have the income or credit to buy and struggled with student loan and credit card debt, so it was harder to save for a down payment.”. Surveys show that most Americans want to own a home.

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7 Apps to Teach Kids About Money

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A three-state study funded by the FINRA Investor Education Foundation in 2015 found that high school students who received strong financial education had credit scores that were around 20 points higher on average. Parents add funds and set up an allowance, and kids set savings goals, report spending and receive achievement badges.

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Stacey Abrams’ New Co-Authored Book Details the Struggles Black Entrepreneurs Still Face and Why Business Partnership Differences Can Be Your Superpower

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For this reason, many Black business owners cannot access loans from traditional lending institutions and often turn to credit cards, their own savings or nonprofit community lenders. Only 12% of Black and Latino business owners who said they applied for federal loans in the spring of 2020 received aid.

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5 Best Tax Practices for the Worried Virtual Assistant

Virtual Moxie

I didn’t have the credit score I needed to take out even a small loan or get a new credit card, so I decided to not pay my taxes (quarterlies, specifically), and use that money as a float to carry my burgeoning business. She also gives me monthly financial reports, and, at year-end, she provides me with tax-ready books.

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Employee Monitoring: How to (and not to) track employee productivity

BMT Office Administration

Before 2020, employee monitoring in a traditional office environment was pretty straightforward. Yet, the COVID-19 pandemic of 2020 threw a wrench into this tried and true system for most companies. As early as May 2020, one-third of all employees began working from home. Employee monitoring methods for remote team members.

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