Tag Archives: saving

3 startups offer fast-cash loans

Kelly Dilworth

If you’re short on cash and can’t qualify for a low rate credit card or personal loan, a high interest payday loan may seem like your only option. Don’t give up just yet: A growing number of startups are introducing innovative tools for consumers in a cash crunch and, in some cases, offering loans at significantly lower rates.
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Most people still don’t save enough

Kelly Dilworth

If you frequently use your credit cards to pay for unforeseen expenses, you may want to take a closer look at your monthly budget. According to the inaugural study from the J.P. Morgan Chase Institute, many people endure significant fluctuations in their monthly income and expenses, but fail to adjust their monthly spending when their income temporarily recedes.
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The right age for a piggy bank

Kelly Dilworth

Toy stores are full of specially designed piggy banks promising to teach kids how to save. According to a new study published in the Journal of Consumer Affairs, however, parents may want to hold off on purchasing a brand-new piggy bank — or opening a savings account in their child’s name — until their kids are old enough to benefit.
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Why budgeting beats coupon clipping

Kelly Dilworth

While clipping coupons and hunting for deals is more fun than sticking to a budget, you’ll save more cash if you create a budget before you shop, according to a new study in the Journal of Consumer Research.
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Genoeconomics studies how genes influence money habits

Kelly Dilworth

According to a growing body of research in a field of science called genoeconomics, the size of your bank account — and the amount of credit card debt you carry — may be partially determined by your genes.
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