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China Has Too Much Money for Its Tech Startups, Investors Warn 07/26/2018 08:00pm • China is being called a new Silicon Valley, striving for global domination through companies covering a wide array of technologies. In the second quarter of this year alone, its startups reportedly attracted 47 percent of all global venture capital, compared with the 35 percent that companies in th Credit Card Advice That Doesn't Always Work 07/26/2018 08:00pm • Sometimes, credit card advice isn't as clear-cut as we'd like. It would be great if credit cards came with a user manual that could tell us the exact results of our actions. But that isn't possible because credit card advice isn't a one-size-fits-all game. Everyone's situation is a bit unique. Keep 4 Things Not to Do When You're Drowning in Debt 07/26/2018 08:00pm • When you're struggling to pay off debt, it's easy to make financial mistakes that make money matters worse. The reality is, in order to create -- and stick with -- a strategic debt payoff plan, you'll need to know which common money pitfalls to avoid. After all, you don't want to accumulate more deb How do Fed rate hikes hit you? Check your credit card statement 07/26/2018 10:08am • WASHINGTON — Credit card balances are at an all-time high, and with tens of millions of card users opting to carry a balance, they're throwing away more money in interest rate payments. Americans paid $104 billion in credit card interest and fees in 2018, up 11 percent from the prior year, and Elon Musk Makes Tesla Inc (TSLA) Stock a Volatile Bet 07/25/2018 08:00pm • Electric automaker Tesla Inc (Nasdaq: TSLA) faces countless challenges as it fails to meet production deadlines, burns through cash and accrues debt at an alarming rate while its infamous CEO Elon Musk thwarts convention and conducts his battles on Twitter, resulting in extreme volatility in its sh How Do 401(k) Loans Work? 07/25/2018 08:00pm • When you face a financial need such as a major home repair, a college tuition bill or an overload of credit card debt, it can be tempting to tap into your 401(k). You may think borrowing your own money could be less dangerous than owing money to someone else. Unfortunately, 401(k) loans can create Would you swim with sharks to erase your debt? 07/25/2018 09:32am • WASHINGTON — With student loan and credit card debt both at record highs, many consumers buried in debt are looking for ways to ease the burden. But to what extremes would they go? Surveys often ask ridiculous questions and get surprising responses. A new MyBankTracker survey said 19 perc 7 Worthwhile Online Personal Finance Courses 07/24/2018 08:00pm • If you want to learn how to make smart investing decisions, save more and eliminate debt, you're in luck. Today, there are plenty of online personal finance courses offering money-management lessons. Take the 3rd Decade education program from the TCI Foundation, which is currently in the development What Is a Line of Credit? 07/24/2018 08:00pm • A line of credit is kind of like a credit card. You have a set amount you can borrow, and interest doesn't begin until you start using the credit. And when you pay back the loan, your credit line is renewed. For example, if you have a $20,000 line of credit and you use $5,000 on a home remodeling pr Q&A: Readers Ask About Borrower Defense Rules 07/24/2018 08:00pm • Federal student loan borrowers who attended a school that misled them about the quality of their education may qualify for loan forgiveness under the borrower defense to repayment rule. The rule is based on a regulation that has existed since 1995 but was not widely recognized until 2015 when Corin 8 Myths About Annuities in Retirement 07/24/2018 08:00pm • Before you make an annuity a part of your retirement income plan, it's essential to understand what's involved with this type of investment option. "The concept of an annuity is simply a series of fixed payments over a period of time," says Robert R. Johnson, principal in the Fed Policy Investment 7 Ways to Boost Your Travel Budget 07/24/2018 08:00pm • While taking a vacation is supposed to provide an escape from the stressors of everyday life, managing an escalating travel budget can be anything but relaxing. In fact, the 2017 Stress in America study conducted by the American Psychological Association found that 62 percent of Americans point to m How to Convert a Secured Credit Card to an Unsecured Card 07/23/2018 08:00pm • A history of missing credit card payments, filing for bankruptcy or other financial stumbles can make it difficult to get a credit card. However, you have another option. Applying for a secured credit card allows you to rebuild or establish your credit history while enjoying most of the privileges What to Know About Employer Plans That Pay Your Student Loans 07/22/2018 08:00pm • To attract and retain younger workers, more companies are offering a different type of employee perk: student loan repayment assistance. Employers typically provide employees a set monthly amount -- usually around $100 a month -- to help pay student loan bills. These payments are usually sent direc 30 Terms Every Credit Card Owner Should Know 07/22/2018 08:00pm • Credit cards are a lot more than just a piece of plastic. They're complex products that can help improve your financial situation if you use them responsibly or cripple you financially if you don't. If you want to make the most out of your credit card, it's essential to know the lingo. Building your