Q&A: How to keep your lightly used credit cards from closing

Dear Liz: I had a credit card that didn’t expire until 2024 but the issuer closed my account because it hadn’t been used in a few years. During these difficult times, I didn’t want to get into a lot of debt by using too many cards. The issuer should have let me know this could […]

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Friday’s need-to-know money news

Today’s top story: Smart ways to negotiate your salary in an uncertain economy. Also in the news: Student loan scams are on the rise, 5 things to consider when picking a college in the COVID-19 era, and how to claim retroactive unemployment benefits. Smart Ways to Negotiate Your Salary in an Uncertain Economy If you’re […]

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Thursday’s need-to-know money news

Today’s top story: Why you should stop waiting to sell your home. Also in the news: How to find a Black financial advisor, sharing renters insurance with a roommate, and why you need to start claiming crypto on your taxes. Why You Should Stop Waiting to Sell Your Home Now maybe a good time to […]

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Tuesday’s need-to-know money news

Today’s top story: 5 IRA mistakes you may be making. Also in the news: 8 reasons why an RV is your spring break best friend, the Black homeownership gap, and how to keep your expiring travel reward points. 5 IRA Mistakes You May Be Making It’s OK. We all make mistakes. But here’s how to […]

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Tuesday’s need-to-know money news

Today’s top story: The latest trends in home renovations and how to pay for them. Also in the news: 4 tips for starting or restarting a business in tough times, student loan forgiveness scams, and key 2021 financial deadlines to add to your calendar. The latest trends in home renovations—and how to pay for them […]

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Monday’s need-to-know money news

Today’s top story: How to get the most home insurance help after a winter storm. Also in the news: A new episode of the Smart Money podcast on filing your taxes early and tapping into your home equity, 8 ways to take your credit card rewards to the next level in 2021, and how to […]

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Q&A: Don’t rush to start collecting Social Security

Dear Liz: Having read your advice on Social Security numerous times, I’m having a heck of a time encouraging a friend who reached full retirement age last year to start collecting her benefits. She said her Social Security isn’t enough to live on and she needs to work two more years before collecting. She said […]

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Q&A: How much debt can you afford to pay each month? Put it in perspective

Dear Liz: I’m paying down credit card debts. At what ratio of debt to income would you consider my personal finances healthy? Answer: The healthiest level of credit card debt is none. Credit card interest rates tend to be high and variable, which makes this kind of debt toxic to your financial health. Congratulations for […]

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Friday’s need-to-know money news

Today’s top story: Turn your quarantine clutter into money. Also in the news: 10 digital banking services changing up checking, what to do when you’re a victim of debit card fraud, and how your stimulus checks will affect your taxes. Turn Your Quarantine Clutter Into Money What to do if you went a little overboard. […]

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Thursday’s need-to-know money news

Today’s top story: Why you may not want to be an executor. Also in the news: 5 ways to foil catalytic converter thieves, 3 money habits to carry forward from the pandemic era, and how to avoid fees when paying your taxes. Why You May Not Want to Be an Executor Settling someone’s estate can […]

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