Wednesday’s need-to-know money news

Today’s top story: How to make the most of the Child Tax Credit this year. Also in the news: 4 reasons to ditch your old debit card, getting to know your 401(k) plan, and how to choose the best tax software. How to Make the Most of the Child Tax Credit This Year The tax […]

Continue reading...

Tuesday’s need-to-know money news

Today’s top story: Parents are struggling to repay college loans. Also in the news: How to just say no to gift exchanges, late credit card payments may cost more in 2019, and how mobile wallets can do serious damage to your finances this holiday season. Parents Struggling to Repay College Loans, Report Finds Drowning in […]

Continue reading...

New scoring could help credit-shy millennials

Millennials’ aversion to credit cards can make it hard for them to build good credit scores. A recently announced scoring system, the UltraFICO, may someday help them and other consumers get loans and credit based on how they use their bank accounts. People who don’t overdraw and who keep a few hundred dollars in their […]

Continue reading...

Monday’s need-to-know money news

Today’s top story: Free investments can come at a cost. Also in the news: How to not be your own worst enemy when investing, 5 things to cut your tax bill by December 31st, and how to increase your 401(k) or IRA contributions for 2019. Free Investments Can Come at a Cost Free doesn’t always […]

Continue reading...

Q&A: A gift annuity needs more thought

Dear Liz: I am 93 and caretaker of my developmentally disabled daughter, who is 64. She’s in poor health and lives with me but is still able to be fairly independent. I am in good health and still able to drive and so forth. Being newly widowed, I would like to increase my monthly income. […]

Continue reading...

Q&A: Watch out for scams when trying to dump a timeshare

Dear Liz: How do I get out of a timeshare contract? A few years back, we signed up for one that’s associated with a major hotel chain. Promises were implied but not kept. Since then, I continually receive notices from legal groups that say all laws favor the timeshare developer and that my kids will […]

Continue reading...

Friday’s need-to-know money news

Today’s top story: Get to know your 401(k) plan. Also in the news: How one couple ditched debt, having the talk about college costs with your teen, and what to do if you’re affected by Marriott’s huge data breach. Get to Know Your 401(k) Plan Everything you need to know. How I Ditched Debt: ‘We […]

Continue reading...

Thursday’s need-to-know money news

Today’s top story: 5 guidelines for happier holiday tipping. Also in the news: Money talk for young boys, how to save $500, and how to survive an insurance elimination period. 5 Guidelines for Happier Holiday Tipping Some guidelines that may help you decide whom to tip, and how. Dear Young Boys: Let’s Talk About Money […]

Continue reading...

Wednesday’s need-to-know money news

Today’s top story: Identity theft risks for holiday shoppers. Also in the news: What to buy and skip in December, paying down student debt on a nonprofit salary, and how to make the most of the child tax credit this year. Holiday Shoppers, Beware of These 3 Identity Theft Risks Watch out for grinches. What […]

Continue reading...

Tuesday’s need-to-know money news

Today’s top story: With money goals, multitasking pays off. Also in the news: Snagging hotel loyalty perks, what to know about high yield reward checking accounts, and how to not let debt ruin your holiday. With Money Goals, Multitasking Pays Off There needs to be more than just paying off debt. Snag These Hotel Loyalty […]

Continue reading...