A Good Problem to Have: What to Do with a Windfall

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Every so often, people manage to find sudden wealth, whether through inheritance, winning a prize, or selling a business. “What should I do?” these folks ask. “I’ve never had this much money before.”

The Real Problem in the Latest Housing Stats

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The National Association of Realtors released its July report on housing on Thursday. Considering it’s back-to-school time, let’s take a quiz: The most interesting statistic in the report is …

12 Things You Should Stop Buying Now

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There’s no shortage of experts offering advice about where to buy things and how to score the best deals. But sometimes, shopping smarter means not buying at all. As satisfying as it might feel to get a great deal, sometimes the best thing you can do for your wallet is to keep it closed.

What Do You Think the CFPB Should Crack Down On?

A consortium of consumer groups led by the National Consumer Law Center submitted a detailed comment letter to the Consumer Financial Protection Bureau. It’s a wish list of sorts, a round-up of shady business models and practices that part unsuspecting Americans from their money.

Health Care Industry Growth Beginning to Slow

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The health care industry has been one of the bright spots in a dark economy in the last few years. But job growth in the industry now looks as if it’s starting to slow.

Fear Factors: 5 Drivers of Today’s Stock Market Decline

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The Dow Jones industrial average was down 500 points in mid-morning trading, as investors once again have that “here we go again” feeling in the pit of their stomachs. So what’s driving the stock market today? Traders are already pointing to some larger, macro-economic issues, like contagion from the ailing Eurozone and a fear of a “false” market rally — that is, concern that recent mini-rallies have been mere pauses before even greater losses. But there were also some specific issues weighing on investors’ minds this morning – all of them negative.

Would You Pay to Use Your Debit Card?

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You may soon be forced to. Wells Fargo will begin charging some of its customers in five states $3 a month just to use their debit cards.

Stubborn About Stocks: When Analysts Refuse to Admit They’re Wrong

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When confronted with evidence that we are wrong, our pride often compels us refuse to acknowledge the error. Unfortunately, it appears that Wall Street stock analysts are disturbingly prone to this same, all-too-human tendency.

Back-to-School Special: 5 Top-of-the-Class Credit Cards for Students

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While the Credit CARD Act cut down on a lot of the shady marketing practices credit card issuers used to target college students, there are still a plethora of cards out there for the campus crowd, and wading through them can be a chore. We identify some of the cards that offer the best value for students.

Social Security Declares 14,000 Living People Dead Every Year

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Are you dead? No? Well, the Social Security Administration might think so, considering that every year thousands of people are incorrectly entered into its Death Master File.

Student Loan Delinquency Rate on the Rise

If you believe conventional wisdom, student loans are “good” debt: They’re safe, lead to higher incomes, and generally pay off in the long run. The problem is that an increasing amount of evidence is showing that this thinking is distinctly unwise.