What Is a Fiduciary Deposit Account?
A fiduciary deposit account is an account that’s owned by one or more persons but managed by another. The owner is known as the principal, while the manager is known as the fiduciary. These accounts are sometimes used to handle … Continue reading →
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The Worst Ways to Deal With a Bill Collector
Dealing with a bill collector is never fun and it can be particularly stressful when you’re sitting on a mountain of debt. Sometimes debt collectors fail to follow the rules outlined in the Fair Debt Collection Practices Act. If that’s … Continue reading →
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Dear Penny: My Sister Moved in With Dad, Says She Canât Be Evicted
Dear Penny, I am a 30-year-old who has built a stable and happy life after growing up in a family that was often unstable emotionally and financially. I love them, but as I become more successful, my family needs more and more of my support. My sister and her son moved into my father’s one-bedroom [â¦]
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National Get Smart About Credit Day
Depending on the time period in which you were raised, many young children and adolescents had differing opinions (and ideals) about what credit was and how it should or shouldnât be utilized. While some were privileged enough to understand the…
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How to Manage Your First Salary and Grow Your Savings
Your first salary is the steppingstone to becoming financially independent, learning healthy savings habits and building your nest egg.
The post How to Manage Your First Salary and Grow Your Savings appeared first on Discover Bank – Banking Topics Blog.