Social Security statements make a comeback

Until a few years ago, Social Security sent annual statements to just about everybody who was still working to let them know what they could expect to receive in retirement, survivor and disability benefits (minus a 25% or so haircut if Congress never gets its act together to fix the system). Those statements got axed […]

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A Social Security “do over” you should consider

Delete "MISTAKE"

For years Social Security had a loophole that allowed people to hit “reset” on their benefits. Those who had made the mistake of starting benefits early had the option of paying back all the money they’d received from Social Security. Then they could restart their checks at a higher rate that they would enjoy for […]

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Friday’s need-to-know money news

Today’s top story: Poll reveals Americans are feeling better about their personal finances. Also in the news: How to raise financially savvy kids, learning how to balance saving for the future with enjoying the present, and five credit card fees you should try to avoid. Americans’ Ratings of Their Personal Finances Inch Up Does your […]

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Take a year to Get Rich Slowly

Fixing material in the red plastic boxes

J.D. Roth went from being over $35,000 in debt to having over $1 million in the bank. He documented his journey at the excellent Get Rich Slowly site, sharing what he learned about frugality, investing and smart money decisions. He also wrote a very good book, “Your Money: The Missing Manual.” But The Missing Manual […]

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Thursday’s need-to-know money news

Today’s top story: The retirement age for millennials is increasing. Also in the news: The pros and cons of delaying your social security benefits, how to avoid buyer’s remorse, and at what age should a teenager start building credit? Five Retirement Warning Signs for Millennials Recent college grads may not be able to retire until […]

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Wednesday’s need-to-know money news

Today’s top story: How to begin taking over your parents’ finances. Also in the news: The psychological roots of your money habits, how to buy a home when you’re self-employed, and the best and worst things to buy online. Taking Over Parents’ Finances: First Steps How to handle a delicate situation. Deciphering Your Money Mindset […]

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Money rules of thumb: car edition

Today for public radio’s Marketplace Money we talked to a guy who has a $600 a month car payment. It turns out he bought a car worth more than half his annual pay, and financed it over six years. (The segment airs this weekend, if you want to listen in.) I no longer try to […]

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Tuesday’s need-to-know money news

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Today’s top story: How to stress test your retirement portfolio. Also in the news: Organizing your personal finances with online calculators, avoiding costly college financing mistakes, and five of the dumbest credit moves you shouldn’t make. Stress-test your retirement portfolio Can it withstand the pressure? 5 Online Calculators to Help Organize Your Personal Finances No […]

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Does your kid need expensive SAT prep?


Back when dinosaurs roamed the earth, I bought a fat paperback test prep book to help me study for the SAT (which, back then, was still known as the Scholarship Aptitude Test). I didn’t buy the book until after I’d already taking the SAT the first time. After studying, I took the test again–and did […]

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Monday’s need-to-know money news

Today’s top story: How to pay off your student loan in four years or less. Also in the news: Affordable ways to help someone having a bad time, how healthy living could save you money, and an easy way to tell if you have good credit. 5 Tips For Paying Off Your Student Loans in […]

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