are smart people richer
Not everyone is born the same. Some people are born taller or with better eyesight than others. Environmental factors like socioeconomic status impact life outcomes.  One particular outcome of interest to readers of personal finance blogs is the relationship between intelligence and wealth – in particular, the question: are smart people richer?
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This has been making the rounds for a while, but its a solid nugget of personal finance advice, so we’re covering it here again on Dinksfinance. Back in 2013 University of Chicago Professor Harold Pollack figured that everything you need to know about finance could be written on a 3 by 5 card. Everything else, he said, was a sales pitch designed to separate you from your money.

nine finance rules index card
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save your money people

Seriously, nobody saves any more – and its a shame. Having a healthy savings givse you a number of benefits like defending yourself against a lawsuit or enjoying a healthy retirement.

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Motley Fool PicksYou have cash to invest and want to start profiting from the stock market right away. The problem is your experience isn’t great but you want to improve your chances of making money.  You’ve heard friends talking about timing the market and you’re thinking maybe this how to get your first million. Problem is, none of your trading friends are rich. So, you know market timing probably won’t work for you.
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Most people would agree that divorces can be nasty experiences that leave both parties exhausted and spiteful. It doesn’t have to be that way for everyone though. Amicable divorces are possible. They’re not always easy, but they are possible. [click to continue…]

There’s a one-in-33 chance you’ll have your identity stolen in the next year, according to the Federal Trade Commission. Those rates may be even less favorable for senior citizens, who often find themselves a desirable target for scammers. There are ways to prevent your risk of becoming a victim (or to protect your parents and other older loved ones), but you need to be fully informed to do so.

Senior scams -- protect your loved ones from becoming victims.

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Shacking up with a partner or getting married can set you up for a comfy living; but if you get used to that lifestyle and then one of you loses your job or wants to make a career change, then you have to make some changes, fast. Here’s how to prepare for your transition from dual to a single income.
Going from a dual to single income household how do you make that transition [click to continue…]

Bankruptcy Rules Might Go Up for Review

Is Trump Making It Easier To Get Out From Student Loan Debt?

According to the G.19 Consumer Credit Report recently released by the Federal Reserve, America’s total student loan debt has topped $1.5 billion – and we are having trouble paying off that debt. At of the end of 2017, a whopping 11 percent of student loans were either ninety days delinquent or in default.
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