Personal Finance

One of the biggest financial mistakes you can ever make is taking bad financial advice — or more accurately, applying financial advice the wrong way, at the wrong time, and for the wrong reason.
Following so-called “good” financial advice can actually get you into a world of economic trouble if you’re not careful. So, think about whether any of the following scenarios sound familiar when it comes to advice you might have taken — and later lived to regret.

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Are Credit Unions a Good Alternative to Banks?

If you’ve been thinking about closing up your regular bank account in favor of joining a credit union, make sure you understand both the benefits

A layaway ticket with red text and details including buyer's information, items, prices, and payment schedule hangs prominently against a solid red background.

Layaway: Bad Advice That You Should Ignore

File this one under the “bad financial advice” category. An article that recently ran online from WSOCTV.com suggests that using layaway to pay for goods

A close-up view of a computer keyboard shows black keys with white letters and numbers, perfect for snagging deals on Cyber Monday.

Should You Trust Online Banking?

Q: “I’ve read somewhere that ING Direct has better interest rates on their savings accounts than other banks. I’ve looked into it and confirmed that

Close-up of a bicycle's handlebars with an attached layaway ticket proudly displaying the ticket number, price, and customer information.

Layaway Shopper Beware

If you’re already thinking about holiday spending and want to be a savvy shopper, you might be considering using layaway in order to stick to

Banks

How to Deal with Banks Without Going Insane

Some aspects of the banking industry, the credit system, or the credit-scoring world, may baffle you because the rules go against all logic and at

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