The practice of spreading money among different investments to reduce risk is known as diversification. By picking the right group of investments, you may be able to limit your losses and reduce the fluctuations of investment returns without sacrificing too much potential gain. To learn more about this investment strategy, read the SEC’s online materials on diversification.
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Agency Owner: Securities and Exchange Commission
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Three steps to take when you don't have enough money to pay your credit card bill. How to avoid debt-counseling scams.
Agency Owner: Consumer Financial Protection Bureau
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Minority groups, particularly Hispanics and Blacks, are less likely to use formal financial advice compared to their White counterparts and have lower levels of financial literacy on average. This gap in literacy may have important implications for savings, investing, and retirement planning. To better reach these groups and improve financial literacy, the literature recommends making access to financial education easier, targeting the education to the population, and delivering it through preferred methods. Although they have not been thoroughly evaluated for effectiveness, this chapter provides an overview of several promising, real-world financial education initiatives targeted toward minority populations.
Agency Owner: Social Security Administration
Document Type: Article
Information Source: Survey data, Literature review
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What you must know about debit card and ATM overdraft coverage. Plus, how to reduce or eliminate debit card and ATM overdraft fees.
Agency Owner: Consumer Financial Protection Bureau
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Be on the lookout for mystery credit card fees. You may be paying for add-on credit card products you may not realize you agreed to buy. Here's how to spot and avoid these unnecessary charges.
Agency Owner: Consumer Financial Protection Bureau
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If you had to leave your home in an emergency, you would only have minutes to choose what stays and what goes, and your financial records may be one of the last things on our mind. So, collecting and organizing your financial information now could help you avoid problems and recover faster.
Agency Owner: Consumer Financial Protection Bureau
Document Type: Checklist
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Get answers to your financial questions.
Agency Owner: Consumer Financial Protection Bureau
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Eight warning signs of credit discrimination and what to do if you believe you've been discriminated against.
Agency Owner: Consumer Financial Protection Bureau
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How the CFPB serves the unique challenges and financial education needs of military service members facing deployment, change of duty stations, and emergencies.
Agency Owner: Consumer Financial Protection Bureau
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You have the right to know what nationwide specialty consumer reporting companies are saying about you.
Agency Owner: Consumer Financial Protection Bureau
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