Financial Education

Fidget Spinners: Harmless Fad or Mega Distraction?

Fidget spinners are everywhere. Initially marketed as a sensory toy, the hand-held gadget experienced a wild surge in popularity and, within days, became a must-have for every child and teenager across the county.

The basic fidget spinner is built with three prongs centered around a circle. Flick a prong, and the triangle shape spins, almost like a ceiling fan.

The toys don’t do anything too exciting, and yet the fidget spinner and its cousin, the fidget cube, now dominate 49 of the top 50 rankings on Amazon.

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7 Bad Financial Habits you Need to Break Right Now

Human beings are habit-creating machines, craving any mental or physical shortcut that lets us focus on higher-level thoughts, such as what’s for lunch or developing theories about Netflix dramas.

Bad money habits are more difficult to steer out of than other automated behaviors like driving a car. Why? Financial peace of mind is a much more subtle reward than the satisfaction of navigating a half-ton piece of metal through city streets without death or injury.

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Whose Fault is Fraud? The Complicated Reality of Debit Card Transactions

When you use your debit card, you can see interaction among three parties:

1.) You tell a merchant you’d like to buy something.
2.) That merchant tells your credit union to pay money from your account.
3.) Your credit union asks you to authorize the transaction.

If something goes wrong in that process, you assume it’s the fault of one of these three parties. In the modern financial world, though, nothing is simple.

Here’s a look at three other places a financial transaction could go south and how to protect yourself.

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