Wednesday’s need-to-know money news

Today’s top story: Keeping Solo Agers happier and safer. Also in the news: A simple recipe for managing your credit score, how to choose between using your savings or getting a loan when hit with an unexpected expense, and how a few minutes on the phone could save you hundreds on auto insurance.

Keeping ‘Solo Agers’ Happier and Safer
Preparing for the Golden Years alone.

A Simple ‘Recipe’ for Managing Your Credit Score
3 ingredients.

Savings or loan: which should you turn to when hit with an unexpected expense
Making the wise decision.

Those car-insurance commercials aren’t kidding: A few minutes on the phone really can save drivers hundreds of dollars
You could save a significant amount of money.

3 steps to keep ‘solo agers’ happier and safer

Retirement coach Sara Zeff Geber visited several Northern California assisted living facilities to interview “solo agers” — people, either single or coupled, who don’t have children to help them as they grow older.

At many facilities, she couldn’t find any. That puzzled her until she realized that adult children are often the ones pushing the move into long-term care facilities.

“Who is it that gets mom or dad to move out of the two-story, single-family home?” says Geber, founder of LifeEncore coaching service in Santa Rosa, California. “The kids badger and cajole.”

In my latest for the Associated Press, how ‘solo agers’ can protect themselves and live a happy life on their own.

Wednesday’s need-to-know money news

Zemanta Related Posts ThumbnailProtecting yourself from insurance fraud, the best time to close a credit card, and when straying from your monthly budget can be a good thing.

What You Should Know About Buying a Fixer-Upper
Don’t let your new purchase become a money pit.

Eight Ways to Help Protect Yourself From Insurance Fraud
How to avoid becoming a victim.

How aging impacts our financial decisions
Some of the first warning signs of cognitive decline can be found in how we manage our finances.

Is There Ever a Good Time to Close a Credit Card?
The answer may surprise you.

When Trying to Stick to a Monthly Budget Just Doesn’t Make Sense
Preparing for life’s stumbling blocks.

Thursday’s need-to-know money news

Old Woman Hand on CaneTips on staying debt free, managing an aging parent’s finances and the importance of “the money talk” before heading down the aisle.

How to Stay Debt-Free

Small steps you can take to stay out of debt.

Does This Smell Bad to You? How Long Foods Last

Tips on how to save money by not wasting food.

10 Items Whose Prices Have Jumped the Most in the Past 10 Years

Gasoline, college tuition and…eggs?

Have a Debt Talk Before ‘I Do’

Before walking down the aisle, find out where you both stand on past, present and future debt.

How to Approach Aging Parents’ Mental Decline

Advice on how to deal with parents’ compromised financial situations in a sensitive manner.