Personal Finance

With retailers reporting strong holiday sales, and some consumers saying they turned to plastic to fund those purchases, it looks like 2018 will be the year that credit card debt crosses $1 trillion. “The scary number — $1 trillion — we’ll definitely hit in 2018,” said Jill Gonzalez, an analyst with WalletHub. “It seems to
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Assoulin opened a New York City showroom in 2017 but intentionally keeps the inventory limited and the price point reasonable (she declined to discuss specific sales numbers). “It’s accessible rather than aspirational,” she said. “If you have $75, you can buy a bracelet.” There are now brightly colored earrings and necklaces as well, all in
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Visa ended its relationship with a large cryptocurrency card provider on Friday, causing thousands of people’s transactions to be declined and scrambling to figure out how to access their money. The card provider, WaveCrest, confirmed in an email to CNBC that it was required “to immediately close all Visa cards.” “As a licensed E-Money Institution,
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For most Americans, there’s been a serious lack of proper investment income and planning, Avallone said. That, coupled with inflation, a looming pension crisis and longer life expectancy, is “a toxic formula for successful retirement,” he said — one that will result in a dramatic drop-off in lifestyle for retirees. “Today’s generation of working people
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For instance, in New Rochelle, New York, where a portion of taxes due in 2018 (and already assessed) are being accepted early, residents already have prepaid about $15 million. The average annual property tax bill there tops $18,000. “What we’re telling residents is that we’ll accept these prepayments but they should check with a financial
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