Top 10 Spots to Purchase a Money Order
Many companies don’t accept personal checks, so sometimes you might need to use a money order to make payments, pay bills, or send money. Knowing where to get a money order can help you choose the best option. Here are some of the best places to get a money order, considering their costs, limits, and…
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A Bank Teller’s Advice: 3 Scenarios to Avoid Requesting $50 Bills
In banking, some currency denominations are more popular than others. Most people are familiar with $1, $5, $10, and $20 bills, but the $50 bill often gets overlooked. However, in 2022, the U.S. government printed a record 756 million $50 bills. This surge was due to Americans hoarding larger denominations during the COVID-19 pandemic, despite…
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The Unexpected Burden of Student Loans on Boomers — Effective Strategies for Rapid Reduction
The average student loan for boomers, those born between 1946 and 1964, is a staggering $43,554. Despite being an older generation, boomers carry more student loan debt than any other generation. Let’s explore why boomers have the highest student loan debt and how they can reduce it quickly. ### Reasons Boomers Have the Most Student…
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Maximize Your Earnings with High Yield Savings or Checking Accounts
The personal banking sector is highly competitive. Most people don’t change banks frequently, so attracting new customers often requires offering an appealing sign-up bonus or a highly competitive interest rate. Recently, some banks have offered interesting bonuses to new customers, but there’s usually a catch. MarketWatch reports that the catch often involves a requirement to…
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Special Deals, Exclusive Offers, and Exciting Promotions from Chime for July 2024
Chime® is a financial technology company that offers an alternative to traditional banks through its online financial app. It provides a straightforward checking account with no monthly fees and a single savings account. Chime is well-known for its fast direct deposits, allowing you to receive your paycheck up to two days earlier than with other…
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Is It Possible for Another Person to Pay Off Your Credit Card Bill?
Can Someone Else Make a Payment on Your Credit Card? Yes, credit card companies usually allow payments from people who aren’t the cardholders. This can be really helpful if the cardholder can’t manage their finances temporarily or if someone wants to help a friend or family member in need. Can You Pay Someone Else’s Credit…
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Ingenious Strategies for Homebuyers to Secure Reduced Mortgage Rates in 2024
If you’re looking to buy a new house, you might be concerned about how to manage the mortgage, especially with rates hovering around 7%. Some buyers are finding creative ways to secure lower mortgage rates. ### Consider an Assumable Mortgage One option is to purchase a home with an assumable mortgage. This means you take…
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The Underlying Reasons Behind Warren Buffett’s Skepticism Towards Credit Cards
In today’s world, credit card debt has reached record levels, with Americans’ total credit card balance hitting $1.129 trillion in the last quarter of 2023. Warren Buffett, one of the most successful investors ever, offers timeless advice: avoid using credit cards as a piggy bank and don’t pay high interest rates. This advice was highlighted…
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The Financial Landscape of Higher Education Across the United States
As people across the United States continue to pursue higher education, understanding the financial aspects of college tuition is essential for making informed decisions. To assist those in college or considering higher education, GOBankingRates conducted a study on average tuition costs at colleges across the U.S. for the 2022-23 school year. The study found that…
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Essential SWIFT Codes for Wells Fargo in the United States
If you need to send an international wire transfer to a Wells Fargo account, you’ll need the Wells Fargo Bank SWIFT code. As a Wells Fargo customer, you may be asked to confirm your SWIFT code by the sender. Here’s a rundown of the bank’s SWIFT codes and tips on finding and using them. ###…
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