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How “Satisficing” Can Save Time and Avoid Problematic Perfectionism

By Mary McCoy

womanNo matter who you are or what you do for a living, you have a limited amount of money, time, and energy in each day. Therefore, on a daily basis, we all have to make decisions about how we use our limited resources to solve our problems and dilemmas.

Surprisingly, one of the best things you can do to maximize your time and resources is to worry less about making the right decisions. Some decisions in life are worth spending a lot of time, money, and emotional energy to come up with the best possible solution for, but the consequences of other decisions aren’t important enough to warrant the same level of effort.

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Citi ThankYou® Premier Card Review – 50K Bonus Points

By Christina Majaski

citi thankyou premier cardThe Citi ThankYou® Premier Card offers a rewards program designed to benefit those who travel frequently, and it provides a sign-up bonus that could more than cover the annual fee for a number of years. However, depending on your spending habits and preferences, it may fall short from being a truly competitive travel rewards card relative to other rewards cards that also offer an introductory APR and a lower annual fee.

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Daycare Costs – 9 Ways to Save Money on Childcare Services

By Jacqueline Curtis

daycareMy husband and I were overjoyed to have our first baby back in 2006. We were both employed at the time, and after a short maternity leave I was more than ready to head back to work.

The problem, however, was childcare. While it’s a blessing that provides parents the opportunity to return to work, it can also take an impressive chunk out of your paycheck. Before you return to work, consider the costs of care in your area, the alternatives, and how much help you really need.

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How Massive Open Online Courses and Distance Learning Affect Education

By Michael Lewis

moocMassive open online courses (MOOCs) are courses offered for free via the Internet, and provide education and training to large numbers of people separated by vast distances and economic circumstances. MOOCs differ from usual online college courses, which are generally limited to pre-qualified students who pay tuition fees. Despite the mixed results of educational innovations before their introduction, advocates hope that MOOCs will finally meet the goal of every public educational system: The transmission of information and concepts effectively and efficiently, with high retention at the lowest possible cost.

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Day Trading for a Living – Benefits, Risks & How to Succeed

By Michael Lewis

day tradingIn the days before personal computers, instantaneous communications, and sophisticated software, many Wall Street brokerage firms employed veteran traders to sit and interpret the paper tapes of stock transactions that spewed from mechanical tickers across the city. These traders, known as tape readers, would note the price and volume pattern of individual trades in the hopes that they could identify opportunities for quick profits. For example, if the latest trade of a stock differed significantly from previous trades in either price or volume, this might be interpreted as the work of insiders acting before news that could affect the company is announced. The tape readers would then act similarly, hoping their intuition was correct.

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How to Find the Perfect Apartment for Rent – 10-Step Process

By Jacqueline Curtis

apt-search1Whether you’re a young adult about to live on your own for the first time or you’re going from a mortgage to a month-to-month rental in a new area, you need to be prepared before starting your apartment hunt. Finding the right place at the right price is no easy task, but it doesn’t have to be too overwhelming. After you figure out what you can afford, it’s simply a matter of finding the right apartment, agreeing to lease terms, and then signing on the dotted line.

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5 Tips to Succeed as a Freelancer

By Mary McCoy

freelancerFreelancing sounds like the burnt-out worker’s dream come true. Freelancers are able to set their own hours, choose their own jobs, and be their own employers. Unlike some type of fantasy, however, freelancing is indeed very real work that comes with many challenges, in addition to its obvious benefits.

A wise step into freelancing requires a careful self-examination of your personality, strengths, and weaknesses to ensure that self-employment is right for you. Before you take the leap into freelancing, make sure you’ve done your homework so that you can be successful and self-actualized in your endeavors.

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Trulia Review – Real Estate Info for Houses, Rentals and Neighborhoods

By Brian Martucci

trulia logoNo matter where you live or plan on relocating to, buying or renting a home is a serious undertaking. Few people make the mistake of choosing a new home sight-unseen, but a poorly planned strategy can have similar negative consequences.

Thankfully, the Internet makes it a lot easier to narrow your list of prospects without tearing out your hair in the process. Like the website Zillow, Trulia serves, for the most part, as a one-stop source for prospective home-buyers and renters who demand a full, unfettered picture of their housing options.

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Understanding, Controlling, and Overcoming Your Fears & Phobias

By Mary McCoy

fearWe are all familiar with the pounding heart, heavy breath, and nervous sweat associated with frightening situations. If your brain is functioning properly, fear is a natural instinct that informs you of danger and prepares your body to respond appropriately to a threat.

Sometimes, though, the wiring in highly evolved human brains can malfunction and cause fearful responses when no real threats are present. In turn, inappropriate fear responses can trigger many negative social, emotional, and financial consequences. In order to live responsibly and fully, it’s important to understand the source of your fears, respect your real and perceived threats, and mitigate inappropriate fear responses.

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How Money Can Change People and Affect Their Behavior

By Jacqueline Curtis

moneyGoing from rags to riches is essentially the American Dream. Whether it happens by way of a better-paying job or winning the lottery, some studies suggest that money can change your behavior – and not always for the better. Of course, there are plenty of charitable, helpful, and giving wealthy people. However, results from some studies have proven that they may be the exception, rather than the rule.

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What Is Co-Parenting – Definition & Tips for Custody Agreement

By Mary McCoy

divorcing with kidsExperts have long recommended happy, stable marriages as the ideal setting for child-rearing. Unfortunately, half of all American marriages continue to end in divorce, and many of these breakups involve children. These statistics don’t even include the relationships between people who never married, but still had kids prior to the dissolution of their romantic partnership. Whatever your opinion is about the state of American marriages and relationships, it’s hard to argue against the need for consistency, stability, and effective communication between parents for the best possible child outcomes. In terms of child development, research has even indicated that a successful co-parenting partnership between exes is preferred to a two-parent home with ineffective or hostile communication between partners.

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How to Preserve Friendships When Your Financial Status Changes

By Jacqueline Curtis

lunch with friendsIt was one of those awkward moments I’d love to forget. I had flown to visit a friend after she had her first baby. As we shopped for clothes for her bundle of joy, I asked if we could go to lunch – my treat. My friend immediately bristled at the idea, and suggested we just head home to eat at her house. I kept pressing the issue – in my mind, I was crashing in her guest room, so buying her lunch was the least I could do. She continued to refuse and it turned into a cloud over our day.

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Pros & Cons of Paying Off Your Adult Child’s Debt & Loans

By Valencia Higuera

debtIt doesn’t matter whether your kids are school-aged or fully grown adults – if they’re in trouble, you’ve got their backs. However, if your children have made poor financial choices and need help paying off massive debts, you may question whether you should step in and help.

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How to Achieve & Reach Your Goals When Challenges Arise

By Mary McCoy

setting goalsIf you’ve ever pursued an ambitious goal, you’ve probably noticed that your resolve starts to wane after about four to six weeks. Even savvy goal-setters run into problems after a month of resolve, but the statistics are worse for those who set nebulous goals for their lives. In fact, a 2007 survey conducted by British psychologist Richard Wiseman found that 88% of resolutions end in failure, and that backsliding on resolutions usually begins just a few weeks after the start of the goal.

But you don’t have to let your resolutions and goals fall by the wayside. Before you abandon them in the face of challenges and mistakes, consider redoubling your efforts for successful goal achievement.

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5 Tips to Prepare for an Enjoyable Retirement

By Michael Lewis

retirementAccording to a 2013 Gallup Poll, more than half of working Americans expect to retire by age 65 or earlier. However, this expectation stands in stark contrast to their practical readiness for retirement.

The 2013 Retirement Confidence Survey, performed by the Employee Benefit Research Institute and Matthew Greenwald & Associates, delivers the following unsettling statistics:

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  • In 2013, three of four Americans had total savings of less than $25,000, and an astounding 28% had less than $1,000.
  • Less than half of Americans have any idea how much money they will need during retirement or how much they have to save in order to reach that amount.
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