Today’s Bits: Banks offering cash. Walmart offering rehab for shoplifters. The #1 indicator that you aren’t ready to become a homeowner.

Should you turn down free money from the bank?

If you are like me, you probably get at least five offers from banks inviting you to open a bank account? Usually these invitations include incentives, like $25, $50, $100, or more. Free money just for opening a new bank account. Years ago, banks were offering toasters… now they are offering cold hard cash. Should you take them up on their offer? [keep reading]

Could stress really impact your financial habits?

Stress is sometimes referred to as the silent killer. Left untreated, stress can lead to all sorts of physical ailments and even death, but can stress change the way in which you save and invest your money? Could it have an impact on the way to spend money? [keep reading]

Walmart taking shoplifting into its own hands

Some Walmart locations are offering shoplifters a second chance; so they make better choices. About 1/3 of the Walmart stores are offering shoplifters a choice: arrest or training. Those who opt for training will sit through an 8-hour class. Perhaps surprisingly, the training class seems to be working. Shoplifting is down 49% to 72% in several stores. [keep reading]

Robo Advisors

You may have heard about robo-advisors. There several companies, some you may not have heard of like Betterment, are offering services to help people invest their money. These robo advisrs are successful in their efforts to get people to invest money, so much so that larger, well-known brokerage houses have begun offering such services. Names like Vanguard, Fidelity, and Schwab to name a few. The latest to join the party is TD Ameritrade. Here is a brief explanation…  [keep reading]

The #1 Sign that you can’t afford to buy a house

Buying a house is the American Dream. It allows you to build wealth and can help to steady your monthly housing expenditures. If you are looking to buy a house, you will almost certainly need a mortgage. Before you start shopping for a mortgage, you should understand if you have the ability to buy a house. Sure lenders will want to see your credit score, sure you have to save up for a downpayment, but you probably need more than that down payment if you are going to become a homeowner. [keep reading]

Black Friday

You don’t need to wait until Black Friday to take advantage of great deals at Amazon. [keep reading]

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