Author: MoneyMaven
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Here Are the 6 Most Dangerous DIY Home Repairs
Home Image Source: 123rf.com The DIY movement has empowered millions of homeowners to take repairs into their own hands. With YouTube tutorials and Pinterest inspiration, it’s tempting to think you can fix anything with a little research and elbow grease. But not all home repairs are created equal—and some are best left to the professionals.…
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What To Know About Stock Market Circuit Breakers
Key Points Stock market circuit breakers halt trading when the S&P 500 drops 7%, 13%, or 20% in a single day. These halts aim to reduce panic selling and allow time to process news and orders. While rarely triggered, they were activated multiple times in March 2020 during COVID-19 volatility. When the stock market moves…
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Mark Cuban Calls Health Costs ‘Horrific’: 7 Moves to Crush Your Medical Debt Fast
Kathy Hutchins / Shutterstock.com Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. Mark Cuban didn’t mince words: he called U.S. healthcare costs “horrific” — and for the 1 in 5 Americans struggling with medical debt,…
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Short-Term Investments (A Complete Guide)
Short-term investments are financial vehicles designed to grow your money over one to five years while keeping your funds relatively accessible. These investment options offer better returns than traditional savings accounts without the long-term commitment or volatility of the stock market. What Makes a Good Short-Term Investment? A solid short-term investment should prioritize accessibility, safety,…
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How Service Members & Veterans Can Prevent Identity Theft Scams
As society moves to a more online way of life, cases of identity theft have risen dramatically in recent years. Service members and veterans have been particularly hard hit because they face some unique challenges when protecting their sensitive information and balancing it against their military lifestyle. For example, in 2021, the Federal Trade Commission…
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7 Contractors Who Ruined a House in One Day
Home Image Source: 123rf.com Hiring a contractor is supposed to make your life easier. You pay a professional to do the job right, on time, and up to code. But what happens when the person you trusted with your home turns out to be a nightmare in a tool belt? From gutting the wrong wall…
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Can President Trump Reverse Student Loan Forgiveness?
President Trump generally does not support student loan forgiveness and would likely seek an end to some student loan forgiveness programs. But can the President reverse student loan forgiveness that has already been granted? Probably not. It’s sparked a lot of concern, though, in recent weeks, especially as Trump has dismantled key parts of the…
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10 Key Steps for a Comprehensive Review
Credit cards can be powerful tools for maximizing rewards, but when they’re managed unwisely, they can also easily lead to overspending and major debt accumulation. The financial and emotional stress that results from this debt can far outweigh any perks gained from the cards in the first place. Step 7: Negotiate and Eliminate Fees Review…
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7 Times the Simpsons Played Market Nostradamus and Nailed It
360b / Shutterstock.com Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. The writers behind The Simpsons have demonstrated an almost supernatural ability to predict future events, including some significant economic developments that left financial experts…
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Putting Up A Paywall To Fight AI And Support My Family
Well, folks, after 16 years of diligently writing three free posts a week, I’ve finally decided to erect a paywall. Originally, starting in 2009, my goal was to provide free financial insights for 10 years to help people achieve financial independence sooner. Success! I’ve always believed that if you’re lucky enough to learn something valuable,…