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Four Lessons from the 2008 Financial Crisis

By David Weliver on Oct. 07, 2008 Comments?

What does the 2008 financial crisis mean for average people like you and me? Unfortunately, it’s too soon to say. We can, however, begin to reflect on what these messy economics have taught us, and how we can apply that to our personal finances. Read...

Understand Bankruptcy Now: Avoid it Later

By David Weliver on Oct. 03, 2008 Comments?

Over one million U.S. consumers will declare bankruptcy in 2008 according to the American Bankruptcy Institute. Bankruptcy can relieve struggling consumers of their debts, but it also creates financial consequences that can last 10 years. Indebted or not, understanding how bankruptcy works can help you make smarter credit decisions for years to come. Read...

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The FDIC: What It Is and Why You (Might) Need It

By David Weliver on Sep. 22, 2008 Comments?

Never keep more than $100,000 in cash at any one bank. If you are married, you can safely keep up to $200,000 in a joint account. Read...

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Failures: What Does It Mean for You?

By David Weliver on Sep. 22, 2008 Comments?

Lehman Brothers’ and Merrill Lynch’s employees and investors are having a bad, bad day. But if you’re not one of them, how do the failures of these Wall Street giants affect your wallet today? Hopefully, you won’t even notice it. Read...

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