The Benefits of NOT Having a Smartphone

Benefits of not having a smartphone
What are the benefits of not having a Smartphone? According to a 2015 article posted by the Pew Research Center, as of 2015 some 64% of American adults “owned a smartphone of some kind, up from 35% in the spring of 2011”. A more recent Pew Report is even more telling; a “vast majority” of Americans (Pew reports the number may be as high as 96% ) own a cellphone of some kind, with the...
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What Are the Disadvantages of Investing in an Annuity?

disadvantages of an annuity
What are the disadvantages of investing in an annuity? First, let’s examine what we mean by “annuity”. Dividend.com describes annuities saying a customer purchases an annuity plan using a single big payment or smaller sets of contributions. “The financial institution distributes money back to you for a certain time frame, depending on what kind of annuity you purchase. The money you put in...
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The Shrinking U.S. Economy And You

US Economy Shrinks
If you are interested in investing, you might be wondering what the July 30, 2020 headlines about the U.S. economy shrinking a whopping 33% (more accurately, 32.9% according to the Associated Press) between April and June really means. I love how conspiracy-theory that line above sounds; there is no conspiracy, just a combination of economic factors that have brewed up a nasty economic storm that...
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What Are the Benefits of Increasing Your Credit Line?

What Are the Benefits of Increasing Your Credit Line
What are the benefits of increasing your credit line? It might seem to go against some of the current prevailing advice about credit–use less credit, not more and reduce your credit card balances below 50 percent or better. For many, the idea of increasing your credit line seems counter-intuitive because the idea is to avoid spending more. But increasing your credit line can actually help your...
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Do You Want To Build Credit?

Do You Want To Build Credit?
Do you know what to do to build credit and establish yourself as a good credit risk? Believe it or not, the way you approach a small line of credit can make a big difference later on when it’s time to apply for an auto loan or a mortgage. And if you are not a newcomer to credit, consider this article a good primer for teaching someone else about building credit–I personally know many teachers...
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