Christine Lagarde pioneers ECB climate change policies – what can Fintechs do?

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Christine Lagarde pioneers ECB climate change policies – what can Fintechs do?
Christine Lagarde made waves when she got chosen as the first woman president of the ECB. Now she is making waves with her push for climate conscious monetary policies. In her new role as the ECB president, she is hitting the ground running with some amazing policy work around climate change. The vision is to […] The post Christine Lagarde pioneers ECB climate change policies – what can Fintechs do? appeared first on Daily Fintech. [...]
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Apple Airpods with Charging Case for just $134 shipped!

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Apple Airpods with Charging Case for just $134 shipped!
This post may contain affiliate links. Read my disclosure policy here. If you’ve been wanting Apple Airpods, don’t miss this Black Friday Deal! Amazon has these Apple Airpods with Charging Case for just $134 shipped! This is just $5 more than the lowest Black Friday price we’ll see at Walmart ($129). So if you want to avoid the rush and just go ahead and grab them now, this is a really nice price! Sign up for a free trial of Amazon Prime to get guaranteed FREE two-day shipping (and possibly one-day or same-day shipping!). And don’t forget you can sign up for Swagbucks to earn free gift cards to use on deals on Amazon. Looking for more Black Friday Deals? You can go here for all of the best online Black Friday Deals as we live blog them all week long! Also, be sure to sign up for our Hot Deals newsletter and join our Deal Seekers Facebook group so that you don’t miss out on any of the hottest, time-sensitive deals as soon as they go live throughout the rest of the holiday season! [...]
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Over 50 and Still Owe on Student Loans? Here’s How to Get Debt Free

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Over 50 and Still Owe on Student Loans? Here’s How to Get Debt Free
Student loan debt isn’t reserved for the young. In fact, it’s becoming a bigger problem for those well beyond the traditional campus quad years. Of the $1.5 trillion student debt Americans owe, people age 50 and older owe 20% of it — $289.5 billion. And borrowers 62 and older held $72.9 billion in outstanding federal student loans, up $10.4 billion from the previous year, according to the U.S. Department of Education. Why so much? The majority of the loans are for children’s and grandchildren’s education, although some of it is also for career changers taking out later-in-life loans for their own education. Unfortunately, with the prospect of retirement on the horizon, there’s a lot less time to pay off those student loans, and there can be painful consequences if you don’t — including having your Social Security wages garnished. If you’re among those who are closer to retirement than the legal drinking age, we have solutions for dealing with student loan debt when you’re over 50. Paying Off Student Loan Debt After Age 50 Everyone has their own reasons for staring down student loans when they’re on the verge of retirement. And while we have plenty of strategies for paying off student loans in general, we’re here to address some of the most common scenarios that lead to student loan debt after 50 and offer tips on how to pay them off. 1. You Took Out Federal Student Loans  You may have heard this before: Your kids can borrow for college, but you can’t take out loans to retire. Regardless of whether you took out federal loans for your own education or your kid’s, saving for retirement should still be a priority. In fact, it could potentially save you thousands on student loan repayments.  If you have federal student loans, you can qualify for an income-driven repayment plan, which calculates your monthly student loan payments based on your income. But your contributions to a 401(k) or IRA are pre-tax dollars, which reduce your salary in the eyes of the federal government. And a smaller salary reduces your monthly student loan payment. Depending on the repayment plan, after 20 to 25 years of on-time payments, the remaining balance will be forgiven, although that amount will be counted as taxable income. “If that’s the case, you’re in your 70s — your income traditionally is lower,” said Amy Irvine, a Certified Financial Planner and founder of Rooted Planning Group. “So you may end up paying less income tax on the amount that’s forgiven with the income-driven plan than you would have if you had made the full payment.” Pro Tip If you’re 50 or older in 2020, you can contribute up to $26,000 to your 401(k) and up to $7,000 to your IRAs. Another option for socking away money to lower your taxable income: a Health Savings Account. In 2020, you can contribute up to $3,550 as an individual or $7,100 as family to an HSA if you have a high-deductible health plan. And as a bonus, you’ll probably appreciate the extra money for health care as you continue to get older. “One of the biggest reasons that a financial plan ‘fails’ in retirement is because of medical expenses,” Irvine said. 2. You Took Out (or Co-Signed) Private Student Loans If you have a private student loan staring you down — either ones you took out or that you cosigned for your student — you’ll need to get a little more creative when it comes to paying it back. Because it isn’t a federal loan, you typically do not have the income-driven options that the federal loans offer. However, it doesn’t hurt to call your lender and ask about extended payment plans. Other options: Consider refinancing the loan or taking out a personal loan with a lower interest rate, which can save you money over the life of your loan.  Pro Tip If you’re married and one partner earns significantly more, ask your tax adviser whether filing your taxes as “married filing separately” could help you qualify for an income-driven plan. If you own your home and car, consider using a home equity loan rather than taking out a loan against your vehicle, Irvine advised.  “[Your home] is a more stable asset than a car that’s depreciating,” she said. Regardless of the strategy you choose, the ultimate goal should be to get the payment low enough so the student can take over the payments — and eventually the loan — themselves. 3. You Have Multiple Loans With High Interest If you have federal and private loans, you may be looking for a one-stop solution, like consolidation. However, that could negate some of the benefits you get with federal loans. “Federal loans are dischargeable if the borrower is permanently disabled or dies,” said Joseph Valenti, senior policy advisor with the AARP Public Policy Institute. “Doing the private refinancing means losing some of those rights and options.” However, that doesn’t always mean holding onto high-interest loans for death and disability benefits is the best option financially, Irvine noted. “Let’s say you’re paying 7% on those direct loans, and you can go out and refinance those into a private loan for 3%,” she said. “Then you may want to up your disability policy so that you know you have the money to repay that loan or take out a life insurance policy so that if something happens to you, the loan can be paid off.”  4. You’re Paying Your Child’s Federal Student Loans So there’s the obvious answer to this one: Tell your kid to start footing the bill for their own student loans. But you’re a parent (or grandparent), not some heartless thug. You want to help your kids if they can’t afford those astronomical student loan payments. But your offspring can still do their part to help by getting themselves on an income-driven repayment plan. “Even if the parent or grandparent has to make that minimum payment, it’s still much better than the full payment,” Irvine said. FROM THE DEBT FORUM Debt collections 11/23/19 @ 12:57 PM Student loans 11/20/19 @ 9:17 AM Paid off Debt, however Credit Score stayed the same....Why? 4/23/19 @ 7:10 PM Credit card Debt 11/19/19 @ 10:56 AM See more in Debt or ask a money question 5. Your Kids Are Heading to College and You Still Owe on Your Own Student Loans If your kids have dreams of campus life, but you’re still paying for your own college years, it’s best to come up with a strategy before they start applying. Scholarships and part-time jobs during the school year and summer jobs can help your child put a dent in their debt, giving them a better chance to manage their repayment without your help. But your strategy for paying off loans could also require a little creativity — and working with your kid’s prospective school. “One of my clients had a really high interest rate student loan that they were repaying,” Irvine said. “We actually used the Plus loan to pay off their loan, and then figured out how to do an installment payment to the college to get the student’s tuition covered.”  6. You’re Ignoring the Problem This one is on you. It’s stressful, it’s confusing and sometimes unfair, but ignoring the debt is the worst mistake Irvine said she sees clients make. “They don’t know what th [...]
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Afternoon Deals: Sunday, September 22

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Afternoon Deals: Sunday, September 22
Every morning and afternoon we publish a list of the latest and best deals from our partner, DealNews. To learn more about the discounts and details, click on any of the deals for more information. To have this list, along with our latest news and stories, delivered daily to your inbox, sign up for our free newsletter. For links to deals as they’re published, follow @mtndeals on Twitter. [...]
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United Miles No Longer Expire: What This Means for You

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United Miles No Longer Expire: What This Means for You
United surprised us with a pretty generous announcement: Starting today, United miles will no longer expire. That’s right — you no longer have to worry about losing your miles because you didn’t keep your MileagePlus account active over the last 18 months. This announcement was made on the heels of news that United is doing... Ariana Arghandewal is a writer at NerdWallet. Email: travel@nerdwallet.com. The article United Miles No Longer Expire: What This Means for You originally appeared on NerdWallet. [...]
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*HOT* Kindle Unlimited Trial: FREE 3-Month Subscription ($29.97 Value!!)

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*HOT* Kindle Unlimited Trial: FREE 3-Month Subscription ($29.97 Value!!)
This post may contain affiliate links. Read my disclosure policy here. If you’ve been wanting to try Kindle Unlimited, don’t miss this FREE 3-month Kindle Unlimited Trial! It’s a great opportunity to get some fantastic reads for summer completely for FREE! If you’ve never tried Kindle Unlimited, you can currently sign up to get a FREE 3-month trial subscription to Kindle Unlimited! Since Kindle Unlimited is usually priced at $9.99 per month, this is a HUGE savings of $29.97! They’ve offered $0.99 trials in the past, but we’ve never seen a completely FREE 3-month Kindle Unlimited trial!! This is a fantastic deal! When you sign up for this deal, you’ll get access to over 700,000 ebooks and thousands of audiobooks — all for FREE! I’m not sure what books are currently available through Kindle Unlimited, but when I took advantage of the $0.99 trial a few months back, you could read Chasing Excellence (the book that inspired me to choose Excellence as my word for 2019) for FREE with your Kindle Unlimited Trial. Another one that was recently available through Kindle Unlimited was The Day the World Came to Town (a book I recently read and absolutely loved!). You’ll have to let me know if it’s still available when you sign up! FREE 3-Month Kindle Unlimited Trial Sign up for a FREE 3-month subscription to Kindle Unlimited. Click on the Kindle Unlimited tab in your Amazon bar to search for available titles (you can search individually or sort by genre). You’ll be able to add up to 10 titles to your Kindle Unlimited account at a time. Once you’ve finished reading a title, just return it and borrow another. You can read or listen to the titles on any device with the free Kindle app. Be sure to cancel your subscription before your 3 month subscription is up, otherwise, you’ll be charged $9.99 per month. Want some other suggestions of great titles to read that you can possibly read for FREE with your Kindle Unlimited Trial? Here are some that were recently available: The Magnolia Story — I read this and loved it. Beneath a Scarlet Sky — This is on my list to read in 2019! Manage Your Day-to-Day — This one had some great inspiration in it. The One Thing — This is a great read for the beginning of the year. How to Manage Your Home Without Losing Your Mind — This one has been highly recommended to me. The Miracle Morning — A good title if you struggle with mornings. Let me know if you’re still seeing these titles available with your Kindle Unlimited Trial. I’d also love to know what other titles you find that you can read for free with Kindle Unlimited! To be honest, I don’t think this service is worth paying $9.99 per month (the usual rate) for. However, I think it’s every bit worth signing up for three FREE months! Even if you only read 2-3 books, it’s totally worth it! Go here to sign up for your FREE 3-month subscription! This deal is valid for new Kindle Unlimited customers only. If you no longer wish to continue with Kindle Unlimited after your first three months, just cancel your subscription before it renews at the full price of $9.99 per month. Valid through July 31, 2019. [...]
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8 Things Private Equity Firms Look for in Companies

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8 Things Private Equity Firms Look for in Companies
The post 8 Things Private Equity Firms Look for in Companies appeared first on ONEtoONE Corporate Finance. [...]
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Fitbit Alta HR Large just $74.49 shipped (Reg. $130!)

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Fitbit Alta HR Large just $74.49 shipped (Reg. $130!)
This post may contain affiliate links. Read my disclosure policy here. In the market for a Fitbit? Get this Fitbit Alta HR in Large for the lowest price on record! Amazon has this Fitbit Alta HR in Large for only $74.49 shipped right now! This is the lowest price on record! Sign up for a free trial of Amazon Prime to get free 2-day shipping. And don’t forget you can sign up for Swagbucks to earn free gift cards to use on deals on Amazon. Thanks, ChaChingOnAShoestring! [...]
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5 Things You Should NOT Buy at ALDI

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5 Things You Should NOT Buy at ALDI
Because so many of you loved my list of 25 best things to buy at ALDI, I decided it was time for me to put together a list of what NOT to buy at ALDI! {Psst! Wondering why I love ALDI so much? Read this post on why I think everyone should shop at ALDI to save money!} 5 Things You Should Never Buy at Aldi As you well know, I think you can save a lot of money by shopping at Aldi. However, that doesn’t mean that everything at Aldi is a good deal. One of the most popular posts on my site is my post on 25 of the best things to buy at Aldi. Today, I thought it would be fun to tell you what I think you shouldn’t buy at Aldi. Here’s my list of what I think you should avoid buying… 1. Name Brand Items Don’t buy brand name items! Why? Because not only are these usually over-priced, you can’t use coupons on them to save more money. What to buy instead: The Aldi brand/off brand counterparts for these name brand items. In most cases, you’ll save 40-60% off of what the name brand item is priced! And we’ve found that it usually works or tastes just as good! (See above photos for side by side comparisons.) 2. Aldi Finds When you walk in the store and near the end of the store as you’re going to checkout, Aldi typically has what they call Aldi Finds. These are often name brand items and are typically unique or weird flavor combinations. I don’t know exactly where they get these from, but my theory is that they were some kind of overstock or trial run at mainstream grocery stores that didn’t do well. (Anyone know?) Not only are they usually not a great deal, but they are also probably a sort of risky purchase since they are likely a flavor or item you haven’t tried before. What to buy instead: Stick to the Aldi brand regular deals and pass up the Aldi Finds. 3. Seasonal Items Aldi has a big section of the store (well, big percentage-wise when you compare it to the size of the store!) devoted to Seasonal type deals. Right now, there will be a lot of summer toys and other things that would be geared toward the summer months. While they often do have some good prices, unless you were looking for that specific item and/or saving up for it and you know this price is less than what you’d pay elsewhere, skip this section of the store. Why? Because you’ll just end up spending money on “good deals” that you don’t need and weren’t planning to purchase in the first place. This, in turn, will negate all of the savings you are getting on groceries! What to buy instead: Focus on purchasing the items are already on your grocery list instead of impulse buying. 4. Pre-Packaged Food If you normally buy pre-packaged snacks and frozen foods, then you will save some money by buying them at Aldi. However, please don’t start buying pre-packaged foods just because you think they are “so inexpensive” at Aldi. What to buy instead: Ingredients to make your own homemade snacks and items! 5. Things You Can Get Cheaper at Dollar Tree If you have a Dollar Tree in your area, be sure to peruse the food and household product aisles to price-check the Dollar Tree prices and sizes against the Aldi prices and sizes. While some Aldi prices are the same or less, some items are significantly cheaper at Dollar Tree. For instance, see the lemon juice shown above? It’s regularly $2.49 at Kroger, $2.39 at Aldi, and just one dollar at Dollar Tree! What to buy instead: Nothing! If you can get it cheaper at Dollar Tree, don’t buy it at Aldi! 🙂 Do you agree with my list? What do you think you shouldn’t purchase at Aldi? I’d love to hear! Related Links: My 25 Favorite Things to Purchase at ALDI Kroger vs. ALDI: Which is Cheaper? An Open Letter to ALDI 52 Different Ways to Save $100 per Year: Shop at ALDI [...]
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5 Reasons You Should Not Delay Retirement

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5 Reasons You Should Not Delay Retirement
Some people view retirement as something to that should be delayed as long as possible. They say that, for many older workers, waiting as long as possible to collect Social Security benefits is the prudent choice. Important as this advice is for many of us, it may not apply to you. If you are financially prepared, there are good reasons to consider retiring at the traditional age of 65... [...]
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