Wednesday’s need-to-know money news

o-CREDIT-REPORT-facebookToday’s top story: Should you pay for credit repair? Also in the news: Tips on raising financially savvy kids, credit scores and dating, and why it might make sense to pay down debt slowly.

Should You Pay for Credit Repair?
The pros and cons.

11 Tips to Raise Financially Savvy Kids
Starting them off right.

Nearly 40% of Americans want to know your credit score before dating
Should credit worthiness determine date worthiness?

Why It Might Make Sense to Pay Down Debt Slowly
Slow and steady might win the race.

Is Saving Pointless?

Raise your hand if you’ve ever tried to build an emergency fund, then gave up after an unexpected expense drained away everything you managed to save. If that’s you, then you’re likely part of the 47% of Americans who recently told the Federal Reserve that they wouldn’t be able to pay an unexpected $400 expense […]

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Tuesday’s need-to-know money news

Today’s top story: Clever strategies to fund your child’s college education. Also in the news: How to choose a qualified credit counselor, how the wage gap for women turns into a retirement gap, and how to protect yourself from ATM fraud. 3 Clever Strategies to Fund Your Child’s College Education Thinking outside the box. 3 […]

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Monday’s need-to-know money news

Today’s top story: Smart things to do with your tax refund. Also in the news: New options for payday loan borrowers, how to build an emergency fund on a low income, and how to decide when to claim Social Security. Smart Things To Do With Your Tax Refund Putting your refund to good use. A […]

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Q&A: Co-signing for a student loan backfires

Dear Liz: My wife and I both had excellent credit scores. Now mine are in the dump. I co-signed for a friend’s daughter’s school loan 10 years ago. I know now this was a bad mistake. I guaranteed $25,000. Now two things have happened: The daughter quit paying the loan and the friendship took a […]

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Q&A: Questions for a financial advisor

Dear Liz: I have some investments at a financial investment firm. My advisor said that because I am 62, I can transfer money from my 401(k) at my job into my account with his firm. He says he can do better with the amount I currently have in the 401(k). Of course I will continue […]

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Q&A: Social Security family maximum

Dear Liz: My husband is disabled from a stroke and is on Social Security disability. I am 65 and nearing retirement. I keep seeing Social Security rules about “family maximums.” Does this mean that I won’t get my full retirement amount if, between his SSDI and my retirement, we exceed the family maximum? Or will […]

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Friday’s need-to-know money news

Today’s top story: Ranking the cheapest cars to insure. Also in the news: Why you need to have a will, the financial perks of downsizing, and how much money you need to save monthly to reach your retirement goal. Ranking the Cheapest Cars to Insure Being a smart shopper. Prince Had No Will, Reports Say […]

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Thursday’s need-to-know money news

Today’s top story: How $250 can keep families off welfare. Also in the news:A new tool to manage your student loans, what Prince can teach you about personal finance, and how to declutter after tax season. $250 Can Keep Families Off Welfare, Study Finds Even a small savings can have a big impact. White House […]

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Wednesday’s need-to-know money news

Today’s top story: How to earn more interest on your money. Also in the news: When and how to appeal a financial aid award, what you need to know about estate planning, and how keeping your finances simple can ensure you staying on top of them. 4 Ways to Earn More Interest on Your Money […]

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