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You’re on an overseas trip and about to rent a car. You decline the additional insurance offer and mentally high-five yourself for saying no because your credit card offers primary rental coverage.Not so fast, smarty-pants.Although the Nerds are generally fond of credit cards that offer some form of auto rental insurance, be aware that even if you have primary coverage via your card, you might still want more, especially when traveling internationally. Here’s why. 511
With the election coming in a matter of days, Americans are waiting with baited breath as a survey found a majority of people expect the outcome of the election to play a role in their personal finances.According to the Consumer Credit Confidence Survey from Equifax, 69% say the outcome of the election is a significant factor that will impact their future financial decisions.The survey, which was released on Wednesday, came on the same day that the Dow Jones lost more than 900 points. The markets have taken a tumble in recent weeks as coronavirus cases jump throughout the US.The survey did find that more Americans (33%) are optimistic about the economy compared to April (27%)."The pandemic has impacted all aspects of our lives," said Beverly Anderson, President of Global Consumer Solutions at Equifax. "It has forced many consumers to closely manage household finances and reprioritize their available cash. Based upon more deliberate financial management, as well as the impact of some of the stimulus and financial relief programs, we see reductions in consumer debt, higher savings rates and better credit health." 1136
as their home burned down.Sunday night, Valerie and Alex Bujack were sleeping when their 14-year-old son Carter burst into their room, alerting them to the growing fire inside their home."I think Carter saved our family last night," Valerie Bujack said. "He woke up, knew something was wrong, smelled something, ran downstairs and got my daughter — his little sister — and they both came running upstairs because at that point smoke had started coming into the house."Kansas City, Missouri, firefighters responded to a call around 10:50 p.m. for what would become a two-alarm fire.While Bujack and her two children escaped out the back door, her husband, Alex, went back upstairs to get the family dog, only to throw him down the stairs before crawling his way out of the fully engulfed home. By then, both cars were exploding."They were just screaming. I mean you can hear my daughter on the Ring doorbell. I mean, she was just screaming, 'Get out, get out,'" Valerie Bujack said. 983
You could call them a saving grace. One type of business was deemed essential at the start of the COVID-19 pandemic that helped families living paycheck to paycheck – pawnshops."This is actually our history," Andrew Charbonneau said as he showed off an Edison cylinder phonograph at his shop, Palm Beach Pawn King in North Palm Beach, Florida. Typically searching for precious antiques, Charbonneau said this year, treasure hunting took a backseat in the pawnshop industry."I think we're all in a situation we're not used to, so everybody is doing what we call [to survive]," said Charbonneau, who also owns two other pawnshops, American Gun and Pawn in West Palm Beach and Andrew's Coin and Jewelry in Delray Beach.Across his three shops, Charbonneau saw firsthand what the lockdown in March did to local families."We had a lot of nervous individuals that have never pawned before in their life, and they were in a situation where they had nowhere to go, no other avenues to obtain cash," he said.Some bank branches were temporarily closed, hours reduced in others, but those in the pawning business were open."The essential aspect of what we do was very important for the community because the bank will not lend you on your cellphone, won't lend you on your computer," said Charbonneau.The COVID-19 pandemic put thousands of people in Palm Beach County out of work.According to statistics from the state Department of Economic Opportunity, the city hit hardest was Boynton Beach. In just 30 days, the unemployment rate increased from 4.7 in March to 17.5 in April."They would come in and say, 'I lost my job because of the pandemic,'" said Bobby Gloyd, an employee at G & C Pawn Shop in Boynton Beach.Unemployment rates from the state show Delray Beach had the second-highest increase in unemployment within Palm Beach County, going from 4.2 unemployment rate in March to 15.4 in April. Riviera Beach was the third, jumping from a 5.5 unemployment rate in March to 15.1 the next month.Gloyd said that people pawn the items that hold the most value to pay their mortgages and rent."Gold is always good. It's easier to sell and also has a lot of value," said Gloyd."Family heirlooms, anything jewelry related that has emotionally passed down value, meaning sentimental value. We did see a lot of that. It wasn't so much about selling. They were still nervous about losing it because they didn't know if they'd ever be able to pick it back up," said Charbonneau.When those stimulus and unemployment checks did start coming through, pawnshops say business shifted to sales. They were selling laptops, gaming systems, anything that could help people get through quarantine."Everybody was looking for laptops, I guess when the kids were being homeschooled," said Gloyd."PS4 was one of the big things. If I had 500 of them, [they] would have sold within a week, at the time period," added Charbonneau.Musical instruments, tools for home improvements were all among the hot commodities. And then there were items people couldn't find at retail stores."Bike sales were very, very high. I would say that was a 75%-plus increase. Work out equipment again; we're not used to selling that. It usually sits on the shelves, so there was a lot of increases in fields that I would never project in the future will be the same,” said Charbonneau.Most pawnshop owners said people not only came back for their pawned items when they got their stimulus checks, but they also bought more."iPad air: a lot of people were looking for that," said Charbonneau."The newest thing is like sneakers. ... They've been probably easier to sell than tools. It's nuts," added Gloyd.With 2020 coming to an end, pawnshop owners like Charbonneau, who have been in the business for 40 plus years, say they could have never predicted business trends this year. And, with a third wave of COVID-19 in motion, they don't expect to know what the holiday season will be like."There is no way anyone can predict how this Christmas season is going to unfold," said Charbonneau.This story was originally published by Michelle Quesada at WPTV. 4109
on Monday, and confirmed by a source close to the show. Tapings of the two popular TV game shows, both produced by Sony Entertainment, will continue. The audience is being kept away out of an abundance of caution as health officials are encouraging the public to conduct social distancing amid the spread of the virus. Tapings for Jeopardy are of particular concern due to the health of Alex Trebek. Trebek, the 79-year-old host of Jeopardy, has been fighting stage 4 pancreatic cancer since last year. The CDC and other health officials said that the elderly and those with weakened immune systems should avoid social contact as COVID-19 spreads throughout the United States. 679