Should You Give Yourself a 401(k) Loan Now?

If you’re experiencing hardship because of the Coronavirus pandemic, you may want to think about borrowing or withdrawing money from your 401(k) to help. Taking money from your retirement funds is not a decision to be made lightly, but the Coronavirus Aid, Relief and Economic Security (CARES) Act includes provisions to make it easier and more sensible for some to access their retirement funds. 
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The Basics of Filing Bankruptcy

While never an easy decision, filing bankruptcy can provide immediate assistance to those struggling to pay their debts. A long, sometimes complicated process, filing bankruptcy should never be the first solution to manage debt, but can provide a way to start over, free from overwhelming debt. The two most common types of bankruptcy filed by individuals and married couples are Chapter 7 and Chapter 13.
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Financial Topics To Teach Children

In a recent survey, only 26 percent of those between the ages of 13-21 said they had been taught how to manage money. Yet, when they turn 18, kids are signing contracts for student loans and opening credit card accounts. Here are a few topics for parents to teach their kids financial management.
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Renting Your Home? Why Renter’s Insurance is Required

For less than the cost of a daily newspaper, renters insurance can can protect your belongings if they are damaged or stolen. Considering the numbers of perils you are constantly exposed to, fire smoke, theft, vandalism, water damage, this low cost insurance is probably the best bargain you will find among any type of insurance policy.
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Financial Cost of Pet Ownership

Has a dog or cat grabbed hold of your heart? It doesn’t take much. A paw on the arm. A lick on the nose, or a soft purr or whimper can turn most of us into dog or cat parents in minutes. Whether you’re looking to adopt from a shelter or purchase from a dog breeder, you need to be aware of the true cost of owning a pet.
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