Friday’s need-to-know money news

Today’s top story: How to gift stock to a new grad. Also in the news: Memorial Day weekend sales, what to do if you miss a financial goal, and why your 401(k) can be a cash drain.

How to Gift Stock to a New Grad
A gift for the future.

Making a Major Purchase? Wait for Memorial Day
But remember the real reason for Memorial Day.

If at First You Miss a Financial Goal, Try, Try Again
Don’t give up!

Why your 401(k) can be a cash drain
It’s possible to be “401(k) rich and cash poor.”

Thursday’s need-to-know money news

Today’s top story: Why stock pickers usually don’t beat the market. Also in the news: travel bloggers spill savings secrets, how to help your teen use their summer job earnings wisely, and some welcome news about college tuition. 3 Reasons Most Stock Pickers Don’t Beat the Market A tough, tough job. Travel Bloggers Spill Savings […]

Continue reading...

Wednesday’s need-to-know money news

Today’s top story: 7 tax tips for new college grads. Also in the news: Why many people don’t know the cost of bad credit, how to travel on the cheap, and the death of payday loans. 7 Tax Tips for New College Grads It’s a whole new tax world. How Costly Is Bad Credit? Many […]

Continue reading...

‘Smart’ money moves that aren’t so smart

The odds of winning a lottery are infinitesimal. Yet inevitably, someone does. Inspired by the idea of a huge payoff, millions of people burn money on lottery tickets. The financial strategies below aren’t as much of a long shot as the lottery. More than a handful of people may actually benefit. But many who are […]

Continue reading...

Tuesday’s need-to-know money news

Today’s top story: Budgeting for college students. Also in the news: What to do when the GI Bill won’t cover college, 6 ways to travel cheaply, and why frugal retirees are ditching the 4% rule and hoarding their savings instead. Budgeting for College Students: Where to Start You don’t have to live on ramen. What […]

Continue reading...

Monday’s need-to-know money news

Today’s top story: What to do when you’ve reached your savings goal. Also in the news: What to do when you’re upside down on a car loan, Social Security surprises that may leave money on the table, and what to do if you need $100 fast. Reached Your Savings Goals? Here’s What to Do Next […]

Continue reading...

Q&A: This trust avoids probate (but not death and taxes)

Dear Liz: Reading your articles I understand that having a revocable living trust makes transferring wealth quicker and easier. What about taxes? If you use a will to bequeath your house, for example, the beneficiaries get a stepped-up cost basis. What are the taxes with a revocable living trust? Do you pay taxes on assets […]

Continue reading...

Q&A: So many credit scores — here’s how to get yours

Dear Liz: You recently discussed FICO scores. Please let me know how I can get mine. My bank says it can only give my husband his score because he is the principal on our account. Answer: Remember that you don’t have one FICO credit score, you have many. Lenders use different versions and generations of […]

Continue reading...

Thursday’s need-to-know money news

Today’s top story: How to cash in on short-term rentals like Airbnb. Also in the news: How to get your business out of debt in five steps, and how to make to make the most of your summer vacation. How to Cash In on Short-Term Rentals Like Airbnb, VRBO Generating extra income with your extra […]

Continue reading...