Super Bowl Numbers

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Are you ready for Super Bowl LIII (or 53, if you prefer)? On Sunday, February 3, at Mercedes-Benz Stadium in Atlanta, GA, the Los Angeles Rams and the New England Patriots will meet to determine who hoists the Vince Lombardi Trophy as the champion of the National Football League – thanks to two thrilling overtime conference championship games, the first time that’s ever happened in the same season.

You could pronounce “Super Bowl LIII” or last year’s exciting “Super Bowl LII” as “Super Bowl Lies”, but MoneyTips has Super Bowl truths for your pre-game prep.

Quarterbacks – We could have been treated to the oldest quarterback matchup in Super Bowl history (41-year-old Tom Brady vs. 40-year-old Drew Brees) – or the youngest (24-year-old Jared Goff vs. 23-year-old Patrick Mahomes). Instead, we have a matchup of the young gun (Goff) versus the wily veteran (Brady).

Brady Again? – Will Brady ever retire… or stop winnin…

10 Tips For Dealing With Holiday Debt, Part 1

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Santa was not so kind to your friends and relatives this year, so you felt the need to fill the gap. You overspent on holiday gifts, and now you are stuck with a significant amount of holiday debt. Gratitude from gift recipients is a great feeling, but gratitude is not going to pay off your MasterCard bill. If it’s any comfort, you’re not alone; according to one report, Americans racked up an average of $1,230 in debt last holiday season.

What do you do? Start with the classic bit of advice – “if you are in a hole, stop digging.” Recognize that you overspent, and freeze your spending until you can take the following steps.

How to Reduce Holiday Debt

  1. Assess the Situation and Rebalance the Budget – Face up to your debt and total up the damage. Rebalance your budget to account for this new debt, and look for any budgeted spending that you can temporarily drop. You will need to eat out less often and delay other discretionary spendi…

Now Is When People Fall Behind On Bills

MoneyTips

Does your wallet take a bigger hit during the holiday season? If so, you aren’t alone. According to a recent study by LendingTree, more consumers fall behind on their bills in December than in any other month.

LendingTree reviewed anonymized credit report data from October 2017 through September 2018 and broke down the percentages of people who missed payments on any active account by month. December led the way with 7.5% of consumers missing at least one payment. October, November, and February were close behind with approximately 7.4% of consumers missing payments.

Note the correlation to holidays. October through December is the prime holiday shopping season (not everyone waits until December 24th to shop). Kali McFadden, Senior Research Analyst at

9 Easy Ways To Save At Christmas

MoneyTips

Does your Christmas season usually lead to the January blues due to excessive holiday spending? It doesn’t have to be that way. With a combination of planning and willpower, you can enjoy a festive holiday without starting the New Year in a big financial hole. Consider these nine ways to celebrate while staying fiscally responsible.

1. Limit Gift Spending – Start by establishing a shopping list and a budget for all of your items. Track special holiday online offers. Consider using price comparison apps and websites. Take advantage of any coupons. Large families can save by drawing names for a gift exchange instead of trying to buy multiple smaller gifts for every family member. If you want more credit, check out our list of credit card offers.

2. Reject Impulse Buying – Retailers expect you to impulse buy…

9 Holiday Shopping Tips

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What brightens up your holiday shopping season? You may prefer a quiet Christmas season at home, large family gatherings at the home of the relative who drew the short straw, or hand-to-hand combat on Black Friday at the mall. However, everyone agrees that saving money on Christmas shopping gives the holiday an extra layer of cheer. Here are nine suggestions to increase your holiday cheer and your savings account simultaneously.

1. Make a List – Avoid the temptation to go shopping without a list and look for holiday inspiration. You’ll find inspiration, along with many gift items you didn’t really want at a higher price than you should have paid. Know what you are shopping for and avoid costly holiday “mission creep.” After all, even Santa makes a list (and checks it twice).

2. Make a Budget – A budget is the key to any form of saving. Once …

Black Friday Predictions

MoneyTips

Black Friday arrives on Friday, November 23. Do you plan to join the frenzied early sales with hundreds of your fellow consumers, scour the Internet for online bargains as soon as you’ve digested your Thanksgiving turkey, or wait until the first shopping wave dies down and take your chances a little later in the day?

Whatever your strategy, a battle plan is important – and battle planning requires reconnaissance. Here are a few Black Friday predictions to consider as you formulate your plans.

Spending Increases – Here’s an easy prediction – people will spend more over the period from Thanksgiving Day to Cyber Monday than they did last year. BestBlackFriday.com predicts an average spending of $340.33 per consumer, up almost $5 from last year.

The online spending component is exploding. Last year marked the first time that Black Friday online shopping topped $5 billion. BestBlackFriday.com predicts $5.8 billion, an increase of mo…

Be on the Lookout for Home Improvement Scams

MoneyTips

Ah, summertime. The weather warms up, the flowers bloom, and the flocks of home improvement scammers return for their annual summertime gathering.

Like other unwanted pests, shady home improvement contractors tend to show up in the spring and summertime offering services ranging from driveway sealing to chimney repair to roof replacement to a complete home makeover. These scam artists often prey on the elderly, who can be more easily tricked or bullied into signing bad contracts. Avoid this situation by taking some precautionary steps.

  • Initiate the Search – Some contractors will approach you unsolicited and ask if you want particular work done because they just happen to be in the area, have excess supplies to deal with, or would like to use your home as a model for their services. Even if they seem sincere, ask for contact information and let them know you will be in touch if you need work done. Never sign contracts on the spot.

5 Tips For Saving Money In College

MoneyTips

By Roshni Chowdhry, head of customer experience at SafetyNet

Of the 17 million Americans currently enrolled in college, 74 percent qualify as what we used to call “nontraditional” students:

  • One in five is 30 years or older.
  • About half don’t rely on their parents for money.
  • One quarter are caring for a child.
  • 47 percent attend college part time at some point.
  • 25 percent took a year off between high school and college.
  • 44 percent have parents without a bachelor’s degree.

In other words, if you’re a college student today, there’s a good chance you’re not the Hollywood stereotype of an 18-year-old on your own for the first time. Still, whether it’s your first year of indepe…

Would You Share Your Driving Data To Save Money?

MoneyTips

By Stephanie Braun, Director of Auto Product Management at Esurance

Companies have collected data on their customers for decades. It allows them to offer more tailored services and products, and provide more relevant messaging. The reason data collection has gotten so much press lately is because it’s reached unprecedented levels. Already, we create 2.5 quintillion bytes of data each day. In fact, 90 percent of the world’s entire data reservoir was only created in the last two years. Automated technology like the self-driving car is expected to accelerate the quantity and quality of data that’s collected — perhaps exponentially.

Autonomous vehicles rely on real-time data collection to avoid accidents on the road and ensure engine performance. The suite of sensors and s…