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How to Avoid Getting Scammed on Peer-to-Peer Apps
The days of cash may be over. More often, friends are splitting the restaurant tab by sending money via PayPal and parents are Venmoing babysitters their earnings after a night out. The use of peer-to-peer apps like Venmo, Zelle, and PayPal is booming. One forecast predicts that we’ll spend more than $1 trillion with them […]
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Are You Unbanked? Here is What to do About it.
Most Americans have access to a bank account, directly depositing their paychecks each month and digitally paying their bills from it. But not every adult has that advantage. According to the Federal Deposit Insurance Corporation report, or FDIC, about 7.1 million U.S. households are unbanked. These are individuals with no access to a checking or […]
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Online Piggy Bank: Digital Saving Apps
One of my most cherished childhood memories is going with my dad to the Philadelphia Savings Fund Society, a huge bank located in Center City. It was one of the tallest buildings in Philadelphia and was easily identifiable in the city skyline because the sign was a bright neon blue. The interior of PSFS was […]
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Overdraft Protection: The Real Pros and Cons
Overdraft protection can be a good idea if used correctly. Here are some pros and cons to using this service.
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Which Debt Management Tools Are Best For Me?
You’re ready to choose a debt management software program, and that can be confusing. To narrow down your choices, here are the 9 most important features.
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Kids and Banking: Why Teenagers Need a Bank Account
For more than a decade, you’ve been guiding just about every decision for your child from where they go to school to who they play with to how they spend their free time. But as kids turn into teens, they demand more independence and, if you want them to move out of the house eventually, […]
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Banking Basics: How Online Banking Can Help You
For those who are new to banks and banking services, and for those who have been banking for a while, the same question is often shared: What’s the best way to track my accounts and spending? Keeping track of money can be challenging, but it’s necessary for a successful financial future. Let’s talk about Online […]
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Banking Basics : Understanding Banking and Saving
Banking and saving are an important aspect of personal finance that isn’t frequently talked about. While it falls under the area of personal finance, many of us assume that in this day and age that nearly everyone is part of a bank or credit union. Surprisingly, there are still large portions of the population that […]
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Stop Paying ATM Fees
It happens to all of us. You stop at the sandwich shop for a quick bite and learn it’s cash only. Or you’re on vacation and you realize you’ll need some actual dollar bills to get that ice cream sandwich that your child is clamoring for from the beach vendor. So, you rush to the […]
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How does Peer-to-Peer Payment Work?
Life happens. You’re out to dinner with a friend and when the bill comes, you realize your wallet is at home. Or, maybe it’s vice versa. Perhaps your cousin owes you some money for a joint family gift you purchased for grandma. Cash and checks still work, but, more often, people are relying on electronic […]