Posts Tagged ‘financial literacy’

Protect Your Finances: Avoid Home-Improvement Scams

Maintaining a home can be expensive and time-consuming, but it’s important to invest money in your abode to make sure it doesn’t deteriorate or become unlivable. Unfortunately, as this New York Times article warns, some scammers try to sell unnecessary or fake home-improvement services to unsuspecting homeowners.
Here’s a primer on what to look out for [...]

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Scams Prey on Those with Bad Credit

If your credit report is less than squeaky-clean, you may have found that it’s difficult to find lenders willing to offer you affordable loans. Unfortunately, some fraudsters out there know this and have developed scams to take advantage of those with blemished credit who need to borrow money.
Protect Your Money by Avoiding Loan Scams
The Federal [...]

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Study Shows We’re Hardwired to Misjudge Money

A study conducted last year by German researchers suggests that the human brain might be wired in such a way that we naturally evaluate the value of our money in a non-rational (and potentially wealth-depleting) way.
The findings could have important applications for people looking to improve their financial management habits (including using credit, taking out [...]

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Real-Life Financial Literacy: Starting Your Kids Off Right

My mother, the head of an elementary school, recently told me a story about one of her students that warmed my personal finance blogger’s heart. So I thought I’d share it with you all.
Part One: A Hobby
My mother’s student (we’ll call her “Emily”) loved to bake. She’d make coffee cakes and breads and desserts. She [...]

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