Monday’s need-to-know money news

imagesToday’s top story: The money mistakes you make in your 40’s. Also in the news: What financial documents you should keep, what every college grad needs to know about money, and the important things you need to know about Social Security.

Money mistakes you make in your 40s
A crucial time for your financial future.

What financial documents to keep
What to keep and what to shred.

10 Things Every College Grad Needs To Know About Money
It’s a whole new world.

4 Important Things You Need to Know About Social Security
Finding your way through the maze.

Q&A: Debt collection

Dear Liz: I am trying to help my daughter deal with enormous student loans. She is a doctor and very busy and simply cannot deal with the stress of almost $350,000 of education debt. I want to help her refinance, but to get the best rate I would like to help her improve her credit […]

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Q&A: IRS direct pay

Dear Liz: Regarding the reader whose tax payment never made it to the IRS: I agree that electronic payments are the best and safest, but you might want to emphasize that the payments should be done directly through the IRS website. I made the mistake of scheduling a couple of payments through my online banking, […]

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Q&A: Electronic Federal Tax Payment System

Dear Liz: I’m often required to make estimated quarterly payments and was always concerned I would miss one of them. A few years ago, I came across the Electronic Federal Tax Payment System (EFTPS) that is offered by the U.S. Treasury. The beauty of the system is that once it is set up, there is […]

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Friday’s need-to-know money news

Hand with money and toy car isolated on white background

Today’s top story: Why you need to pay close attention to your car insurance. Also in the news: Supreme Court ruling makes finances easier for same-sex couples, financial resources for active military, and when it’s okay to take a hit on your credit score. 4 Ways Being Forgetful Can Raise Your Car Insurance Rates Set […]

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Thursday’s need-to-know money news

Today’s top story: Why applying for a credit card can hurt your credit score. Also in the news: Things on your credit report that might scare off lenders, why couples don’t talk enough about retirement planning, and when is the right time to consider annuities. Here’s Why Applying for a Credit Card Hurts Your Credit […]

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Your financial advisor: just a car salesman?

Retro Car Salesman C

Wall Street is trying to prevent new rules that would require financial advisors to put your interests ahead of their own. Big brokerage firms have said they simply won’t serve the middle class if they can’t offer conflicted advice to them. Even more telling, MetLife Inc. CEO Steven Kandarin recently used a car salesman analogy […]

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Wednesday’s need-to-know money news

Today’s top story: Protecting yourself from identity theft. Also in the news: Unforeseen circumstances that could crush your retirement, what not to do when you pay off your mortgage, and the importance of an emergency fund. Are You a Prime Target for Identity Theft? How to protect yourself. 3 retirement-crushing unforeseen circumstancesWhen your retirement does […]

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Tuesday’s need-to-know money news


Today’s top story: How to cut the cord to your TV and save money. Also in the news: Apps to teach kids about personal finance, how to handle your credit card debt while you’re unemployed, and what happens to your debt if you get divorced. How to watch TV for next to nothing Cutting the […]

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Q&A: Retirement savings for freelancers

Dear Liz: I am a freelancer. I don’t consider myself a small-business owner, just someone who gets the work done on time and gets paid. I max out my IRA every year, but would like to save more in a tax-advantaged account. I checked out SEP and SIMPLE IRAs, but they don’t have a Roth […]

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