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Expert-Backed Strategies for Managing Auto Debt

Success

According to the Quarterly Report on Household Debt and Credit from the Federal Reserve Bank of New York, auto loan balances in the United States top $1.66 These trends may continue or worsen with tariffs, which will increase purchase prices. Many households in the U.S. Whats to blame? A collision of factors.

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Should You Consider a Reverse Mortgage?

Success

Prior to legislative changes that began under the Reagan administration , banks had many avenues to take the equity in a home, Walton says. So the longer you have a reverse mortgage, the more you pay at the end (as opposed to a traditional mortgage where you gain equity as you make monthly payments to the lender or bank).

Banking 52
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The Best Budgeting Tools to Manage Your Money Efficiently

Success

No matter where your finances are, you can find simple tools to help you with your financial goals. Choose from free apps that sync with your bank accounts, AI-powered platforms that analyze your spending habits and more. They link right to your bank accounts for real-time updates. Monarch is a solid choice.

Banking 52
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Is there any such thing as a safe investment?

Work Life

In 1997, just before I left for college, I took nearly two decades’ worth of these savings bond gifts to my bank. I walked out of the bank feeling like I had the Power of Grayskull. Which explains why banks were throwing bags of money at anyone with real estate dreams and a verifiable pulse.

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Growth strategies for the purchase-mortgage market

McKensey

US mortgage lenders rethinking their value proposition for a constrained market should weigh five key actions to sustain growth in mortgage financing for home purchases.

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‘Money Boss’ Jo Davison’s 5 Steps for Taking Control of Your Finances

Success

And yet, perhaps it’s those very aversions to standard personal finance practices that make her most appealing to her clients. Now, she runs courses and individual mentoring programs to teach clients how to stop fearing their finances, release shame around money habits and prosper by making their assets work harder than they do.

Finance 116
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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

Success

However, important skills like when and how to manage your finances don’t come naturally to many. List out your purchases in an Excel spreadsheet at the end of each month and place each transaction into a bucket. Get detailed and introspective to evaluate which purchases are legitimate needs vs. nonessentials.

Finance 111