There’s no doubt that 2020 was a terrible year. It included almost 2 million worldwide coronavirus deaths, staggering unemployment levels, innumerable businesses going under, stock markets collapsing (and recovering), and political turmoil. All this chaos led to a lot of doomscrolling, which Merriam-Webster defines as “the tendency to continue to surf or scroll through bad…

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We’re all supposed to have money set aside for a rainy day, and ideally, your emergency fund should contain enough cash to cover three to six months’ worth of essential living expenses. That way, if you lose your job or get hit with an unplanned bill, like a sudden home or car repair, you’ll have…

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Buying your first home is unlike any purchase you’ve ever made. While it can be daunting just thinking about making a down payment on a house, the asking price won’t nearly reflect the amount you’ll end up paying, with extraneous costs popping up left, right and center. And if that incites enough anxiety to stick to…

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One of the hardest truths of retirement planning is that you’re never going to get it right. Just like today’s retirees never could’ve foreseen the pandemic and recession we’re currently living through, there will be surprises that come up for you in your senior years, some of which may cost you a lot of money…

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They lead a lavish lifestyle and always make their payments on time, so why won’t anyone give them another loan? by Kate Palmer Edward and Melanie Rom run a multimillion-pound travel business and are no strangers to champagne parties, luxury golf resorts and private jets. Yet their lender, Barclays, has refused to give them a…

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In 2019, more than 16 million American workers were self-employed. This year, the coronavirus pandemic has forced even more Americans to become their own bosses. Although there are positives to building your own business, juggling the responsibilities that come with it can make it difficult to plan for retirement. There are many reasons retirement plans are often pushed…

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KEY POINTS Even if two assets appear to have the same value, taxes can make one worth less than the other at the time of valuation. The cost basis of any given asset is a key measurement and should be determined up front, experts say. Even if you have an attorney and financial advisor advocating…

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Do you get caught up in money beliefs that don’t serve you? If your answer is “yes,” you are not alone. There are a lot of money beliefs and myths out there that might make you question your own decisions, or make you feel like you’re behind in the game. The truth is, though, everyone…

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Business was booming for Adam St. George when he decided to shop around his four-year-old brand Angry Orange Odor Eliminator. Sold primarily on Amazon, his citrus-scented pet odor remover was racking up more than $2 million in annual revenue. Within hours of listing the operation on an online brokerage, St. George was inundated with phone calls.…

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The start of the ultimate BMW collection is available right now, so long as you have a few million lying around. BMW has always emphasized its own heritage. From shared kidney grilles to product lines that trace their origins back half a century, the company has always defined itself by how it has built on…

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