In case you missed it: the youth edition

Spurning credit cards means younger people have less toxic debt but they may be doing inadvertent damage to their credit scores and costing themselves money. Learn more in “Why young people hate credit cards.” Read some smart answers to the awkward questions your kids may ask about family finances in “One way money is a […]

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Friday’s need-to-know money news

How to prepare for a disaster, avoid the financial pitfalls that come with a speeding ticket and how to get the latest iDevice without destroying your family budget. How to Plan for Any Disaster Preparing for the unexpected. Do Employer Credit Checks Damage Credit Scores? Understanding employer’s right to access your credit information. 5 Tickets […]

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Your financial independence day

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Working just to pay the bills isn’t enough. We should be reaching for something more: financial independence. Financial independence is when your investments and other sources of income provide you with a comfortable-enough living that paid work becomes optional. As we mark the anniversary of our nation’s independence, I like to review our progress toward […]

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Wednesday’s need-to-know money news

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The mystery behind credit scores, why buy a dress when you can rent one, and what turns Americans off about haggling. What Really Influences Your Credit Score? The creators of the VantageScore, a rival to the leading FICO, discuss the formula behind the numbers. Taking Control of Your Personal Debt While the math may be […]

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Tuesday’s need-to-know money news

Financial survival tips for before the wedding and after the marriage ends, freedom from credit card debt, and beating the retirement clock. Engaged? You Might Need Money Therapy Things you should know before you walk down the aisle. How Does Divorce Affect Bankruptcy and Mortgage Things you should know for when the walk down the […]

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“Mommy, are we rich?”

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My recent MSN column, “One way money is a lot like sex,” has to do with the questions our kids sometimes ask–and how much discomfort we can feel about answering. I argue that we need to get comfortable talking about money with our children, because these are incredibly important teaching moments. Psychotherapist Thayer Willis, who’s […]

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Save or pay debt? Do both

Dear Liz: I am a 67-year-old college instructor who plans to teach full time for at least eight more years. Last year I began collecting spousal benefits based on my ex-husband’s Social Security earnings record. Those benefits give me an extra $1,250 each month above my regular income. I have been using the money to […]

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Estate taxes no longer a worry for most people

Dear Liz: My father passed away two years ago and my mother recently died as well. I will be getting about $50,000 from the sale of their house. Everyone tells me the tax on this will be very high, so I need advice about how not to give my parents’ money to the government. Their […]

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Monday’s need-to-know money news

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How to survive your child’s summer vacation without emptying your wallet, protecting your tuition investments, and how to ensure your semester abroad doesn’t lead to financial disaster. Six Ways to Save Money on Summer Childcare Keeping your child busy this summer doesn’t have to mean breaking the bank. Why a Good Student Checking Account Matters […]

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Marketplace launches “Family Feud”

Actually, the new feature from public radio’s Marketplace Money is called “Financial Feud,” but it deals with some family arguments about money that may sound more than a little familiar. Such as: Should I quit work to stay home with the baby when day care eats up most of my pay? My husband is going […]

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