Monday’s need-to-know money news

Zemanta Related Posts ThumbnailToday’s top story: How to close a credit card the right way. Also in the news: Why your financial adviser should understand how your brain works, why compound interest isn’t all it’s cracked up to be, and what to watch out for when test driving a used car.

The Right Way to Close a Credit Card
Tidying up loose ends.

What Your Financial Adviser Needs to Know About Your Brain
The psychology of your money.

5 Reasons Compound Interest Isn’t What It’s Cracked Up to Be
Fees, inflation, taxes, market performance and spending habits will affect your compounding interest.

What to look out for when test driving a new car.
How to make sure you don’t bring home a lemon.

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