Tag: ways
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6 ways your home equity can help you earn more money in 2025
This could be the right time to tap into your home equity and increase your earning potential. Getty Images The dramatic rise in home values over the past few years has created an unprecedented opportunity for homeowners to leverage their property’s equity. After all, millions of Americans are now sitting on substantial wealth tied up…
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5 ways to tackle your credit card debt before the holidays
It’s important to start tackling your holiday debt now, before the issue compounds. Getty Images Credit card debt hit a new record high in the third quarter of 2024. As Americans continued to rack up the charges on their credit cards, combined balances reached $1.17 trillion nationwide. With an average credit card interest rate of…
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3 great ways to use home equity in the final weeks of 2024
There are multiple smart ways homeowners can use the equity they’ve built up in the final weeks of 2024. Getty Images Home equity is calculated by deducting your existing mortgage loan balance from your home’s current value. And, in today’s unique economic climate, that calculation has led to the average homeowner accumulating approximately $330,000 worth…
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What are the best ways to get rid of credit card debt in retirement?
Some simple but effective strategies could help you wipe out credit card debt in retirement. Getty Images/iStockphoto Credit card debt among retirees has reached alarming levels, with 68% of retirees now reporting that they have outstanding credit card balances, according to the Employee Benefit Research Institute’s latest Spending in Retirement Survey. This marks a dramatic…
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4 ways a HELOC could save you money right now
A HELOC could save users more money than other popular borrowing alternatives. Getty Images If you’re a homeowner, you may have the opportunity to borrow against the equity in your property. You can do that by taking out a home equity loan or a home equity line of credit (HELOC). Both allow you to borrow…
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5 ways Trump’s next presidency could affect the U.S. economy — and your money
How the 2024 election could impact the U.S. economy and inflation – Expert analysis How the 2024 election could impact the U.S. economy and inflation – Expert analysis 04:45 President-elect Donald Trump’s victory in the November 5 election highlights the frustrations of millions of voters, with many Americans noting in exit polls on Tuesday that they’re still…