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What Is a Credit Freeze, and Should I Do It?

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However, knowing what a credit freeze is and taking advantage of it can help protect you and your finances. When you freeze your credit, it keeps sensitive data in your credit files from being accessed without your permission. If you don’t want to freeze your credit completely, consider setting up fraud alerts instead.

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Lessons From Past Recessions

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The most recent recession was in 2020 and only lasted a couple of months, whereas the 2008 recession lasted about 18 months. Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand. As part of your financial plan, consider the following: Review your finances.

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How Employers Can Better Serve Neurodiverse Employees in 2023

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According to 2020 research published in the British Medical Bulletin , “a reasonable estimate of all neurominorities within the population is around 15–20%.” Cash worked with an autistic team member who vocalized, in one such meeting, that finance management is an area in which she needs an accommodation.

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7 Apps to Teach Kids About Money

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The days of working hard to earn a buck aren’t exactly gone, but the personal finance landscape is certainly more complicated now than it was a few decades ago. Budgeting and building credit are only the beginning—you also have student loans, mortgage rates and maybe even cryptocurrency and non-fungible tokens (NFTs). Toshl Finance.

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Entrepreneur Jason Tartick on Making the Most of Unexpected Opportunities

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In 2020, when the market crashed, Tartick polled his followers, asking them to define in three sentences the S&P 500. A lack of understanding our money impacts all ages, from 18-year-olds getting their first credit card to retirees at 65 and older. He used social media to beta test this new hybrid model.

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Impending Recession Or Not, Use These Professional Tips To Prepare For Financial Turbulence

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The onset of the 2020 pandemic triggered what seemed like a brief yet severe recession. Manage your debt: Prioritize high-interest debt first, as paying down high-interest debt (such as credit card debt) can reduce financial strain and free up funds. Also make sure to avoid new debt.

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How to Protect Yourself from Online Scams

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The FBI’s 2020 Internet Crime Report states that there were 300,000 more internet crimes (phishing, non-payment/non-delivery scams or extortion) complaints in 2020 than in 2019. Check your credit report quarterly. Review your report frequently for any odd transactions or fraudulent postings.