Personal Finance

Want to Live in a Cashless Country? Welcome to Sweden

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I rarely carry cash. I’ve talked about it before, but it’s basically because I rarely get cash, would prefer to pay with a way that makes it easy to track my spending, and … because I have a really small wallet. So I love the fact that Sweden is becoming the first cashless country, according to […]

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There’s No Such Thing as New Rules of Money

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Every time I see a headline proclaiming “The New Rules of Personal Finance” or “The New Rules of Money,” I shudder. It may sell magazines and generate clicks online, but anyone proclaiming to have “new rules” to managing money is full of it.

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The Mortgage Payment Trick That’s Going to Save Me $40,000

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We bought our second house last year, selling our townhouse in the process. As much as I wanted to keep the townhouse and rent it out, we needed the money for the downpayment, and we weren’t likely to clear much profit even if we were able to rent it. The new house has a whole story to […]

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Finding the Bank That’s Right for You

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One of the reasons I’ve used so many different banks over the past 10 years is that each bank has its own pros and cons. For example, while I certainly just feel like another number with Bank of America, you can’t deny that their network of ATMs nationwide is incredibly convenient. They wouldn’t know me […]

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Retire a Millionaire

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I was speaking with a financial advisor but not at his office. It was at a party where there was lots of informal chit-chat over a nip of the grape. One thing he said to me and some others standing close by was meant as humor, a joke. It was “People sometimes ask me, How […]

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Antoine Walker, NBA Star, On Blowing $110 Million

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Professional athletes tend to make a lot — and often lose a lot — of money. For many, it’s because they come into it quickly. They may not have ever had much to begin with. Others make poor investments. And others blow it all, then have the IRS on their tails. For Antoine Walker, the former […]

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Is a Big Bank The Right Choice for You?

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It’s incredibly easy to dislike (and make fun of) the biggest banks in the country — and often for very good reasons. They don’t care about you – they just care about their profits. They don’t make it easy for you to save money – they just want you to spend money and take out […]

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