Thursday’s need-to-know money news

Today’s top story: The problem with how whole life insurance is sold. Also in the news: How to save money on your commute, debt snowball vs debt avalanche, and how to stop senior citizen financial scams. This Is What’s Wrong With How Whole Life Insurance Is Sold Don’t get talked into pricey policies. Save Money […]

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Wednesday’s need-to-know money news

Today’s top story: How to determine what your car payment should be. Also in the news: Itemizing vs. standard deductions, what to do with old electronics, and quirky ways to save money this summer. How to Decide What Your Car Payment Should Be Determining what you can afford. How to Decide on Itemizing vs. the […]

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Why You Still Can’t Trust Your Financial Advisor

If you haven’t already, expect to hear from your financial advisor soon about a great new investment opportunity for your IRA. The reason: There’s a loophole in a strict new rule that requires advisors to act in their clients’ best interests when counseling them about retirement funds. That loophole allows advisors to continue lining their […]

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Tuesday’s need-to-know money news

Today’s top story: NerdWallet dads share their personal finance tips. Also in the news: Why college grads need more education, how minimalism can help your wallet, and what the Fed meeting means for investors and home buyers. NerdWallet Dads Share Their Personal Finance Tips Learning from the dads. College grads are educated, but not in […]

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Monday’s need-to-know money news

Today’s top story: Time to give your financial goals a midyear checkup. Also in the news: The statute of limitations on debt, how to save on child care, and financial concepts to teach your teen. Give Your Financial Goals a Midyear Checkup Checking your progress. The Difference Between a Debt’s “Statute of Limitations” and Your […]

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How to structure an inheritance for a spendthrift heir

Dear Liz: My financially illiterate, almost 50-year-old son will be living off his inheritance when I die. A good part of his life was spent drifting, so I have no idea if he will receive Social Security or how much. How do I structure his inheritance so that he won’t fritter it all away in […]

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Q&A: A dirty problem

Dear Liz: I bought a house four years ago. The previous owner allowed a gentleman to plant flowers every spring and tend them all summer. I allowed the man to continue after I bought the house. He waters the flowers using my water and I help weed every year. He came to me last week […]

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Q&A: State pensions’ effect on Social Security

Dear Liz: Recently someone wrote to you about plans to receive a state pension and apply for Social Security benefits. You said if the person’s job didn’t pay into Social Security, the Social Security benefit might be reduced because of the state pension. I have a state pension from a job that did not pay into Social […]

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Friday’s need-to-know money news

Today’s top story: Dispelling bankruptcy myths. Also in the news: The dangers of credit card checks, the fine print of your car and home insurance, and why many Americans still struggle with credit. 5 Bankruptcy Myths Dispelled Bankruptcy mythbusting. Don’t Cash That Credit Card Check Until You Read This Proceed with caution. Is it covered? […]

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Using debt strategically: Join us!

I’m hosting NerdWallet’s first Facebook Live video, “Using Debt Strategically,” on Thursday starting at 7 p.m. Eastern/4 p.m. Pacific. I’ll be discussing ways to prioritize your debt and pay it off faster while building your overall wealth. Whether you’re struggling with debt or just trying to be smarter with it, I can help answer your […]

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