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Money Remains a Top Stressor for U.S. Adults—Here Are Some Tips to Better Manage Stress (and Finances)

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The survey, released in October 2021, reported that the COVID-19 pandemic continues to impede decision-making ability, which includes financial decisions. Bureau of Labor Statistics reports that roughly two-thirds of our economy is fueled by consumer spending, much of it in the form of credit card debt. You deserve it!

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

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It can be especially valuable to freeze your child’s credit to prevent problems in the future. What is a credit freeze? In 2021 the Federal Trade Commission received 1.4 One in five people lost money due to imposter scams in 2021, with a median loss of $1,000. In 2021, victims of fraud reported losing more than $5.8

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

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The shift from renting to purchasing a home typically occurs in someone’s early 30s, according to Palim. “As 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.”. Average rents rose 16% in 2021, according to Zillow.

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2023 Financial Forecast: How to Prepare for the Year Ahead

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1 focus heading into 2023 because so much of managing your personal finances comes down to behavior and establishing good disciplines that you stick with, Boneparth says. As you think about your personal finances heading into 2023, credit card debt should be top of mind. Plot smart career moves in a slower economy.

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