Monday’s need-to-know money news

Pile of Credit CardsToday’s top story: How to choose your second credit card. Also in the news: How home insurance can cover your holiday disasters, how Affordable Care Act plans could change in 2017, and how to calculate how long it’ll take you to get out of the debt.

How to Choose Your Second Credit Card
Finding a card that compliments your spending habits.

No Need to Pout: Home Insurance Can Cover That Holiday Disaster
Saving you from becoming The Grinch.

How Affordable Care Act Marketplace Insurance Plans Will Change in 2017
A new administration could bring big changes.

How Long It Will Take to Get Out of Debt, Depending on Your Monthly Payment
Calculating your escape date.

Monday’s need-to-know money news

stack-of-billsToday’s top story: Why minimum payments on credit cards are designed to keep you in debt. Also in the news: Retirement planning rules Millennials can break, how to choose the right health insurance plan “metal tier,” and why it’s so hard to stick to a budget.

Credit Card Minimums: Perfectly Calibrated to Keep You in Debt
The card companies aren’t on your side.

4 Retirement Planning Rules Millennials Can Break
Or at least bend.

Choosing the Right Health Insurance Plan ‘Metal Tier’
Sadly, no rose gold.

Why Is It So Hard to Stick to a Budget?
Answering the age-old question.

Tuesday’s need-to-know money news

bills-smallToday’s top story: Why you should validate a debt before paying a collector. Also in the news: How to choose a Medicare Advantage plan, how and when to report tips for tax purposes, and how people survived their financial nightmares.

Validate Debt Before Paying a Collector, Avoid Costly Errors
Make sure the debt is legitimate.

How to Choose a Medicare Advantage Plan
Open enrollment continues through December 7th.

How and When to Report Tips for Tax Purposes
Deciphering the rules on tips.

Scary Money Moments: How 5 People Survived Their Financial Nightmares
Just in time for Halloween!

Borrowing your way out of debt

how-are-debt-consolidation-loans-handledMany people who take out loans to pay off credit cards and other obligations wind up worse off, with more debt and more stress than before they applied. Some people, though, successfully use debt consolidation loans to turn a bad financial situation around.

In my latest for the Associated Press, a look at debt consolidation loans and how to keep yourself out of the debt trap.

Friday’s need-to-know money news

o-CREDIT-REPORT-facebookToday’s top story: What you need to qualify for a credit card when you have bad credit. Also in the news: How to escape low-yield savings options, how one couple paid off $74,000 of debt in two years, and the building blocks that lead to smart money decisions.

What You Need to Qualify for a Credit Card for Bad Credit
Don’t fall for high fee offers.

How to Escape Low-Yield Bank Savings Options
How to get better returns without increased risk.

How One Couple Paid Off $74,000 in 2 Years
The success of the snowball method.

These Are the ‘Building Blocks’ That Lead to Smart Money Decisions
Teaching kids sound money practices.

Thursday’s need-to-know money news

Zemanta Related Posts ThumbnailToday’s top story: Key financial considerations when you live alone. Also in the news: Managing your money while you’re separated from your spouse, determining how much life insurance you really need, and a change in thinking that will help get you out of debt.

Key Financial Considerations When You Live Alone
Important considerations for your life.

3 Tips for Managing Your Money While Separated From Your Spouse
Keeping your finances in order during difficult times.

How Much Life Insurance Do You Really Need?
Keeping yourself protected.

The Shift in Mindset That Will Help You Get Out of Debt
A change in thinking.

Tuesday’s need-to-know money news

Zemanta Related Posts ThumbnailToday’s top story: How to save for college without sacrificing retirement. Also in the news: Recovering from a poor credit history, 3 ways to pay off a debt in collections, and the best savings strategies for your personality type.

How to Save for College Without Sacrificing Retirement
It’s possible to do both.

Poor Credit History? There Are Ways to Recover
Making a comeback.

3 Ways to Pay Off a Debt in Collections
Getting debt collectors off your back.

Here Are the Best Savings Strategies for Your Personality Type
Are you the gambling type? Or a goal-setter?

Thursday’s need-to-know money news

imagesToday’s top story: How to tame your student loans. Also in the news: Why you shouldn’t skimp on insurance, critical personal finance tips for your first years after college, and three bills to pay off before you retire.

How to Tame Your Student Loans (Told in Under 350 Words)
Wrangling your student debt.

Don’t Skimp on Your Insurance
Pay now or pay more later.

4 Critical Personal Finance Tips for Your First Years After College
It’s a whole new world.

3 bills to pay off before you retire
Smoother sailing.

Wednesday’s need-to-know money news

wall_street_zombie_moneyToday’s top story: How to handle “expired” debt. Also in the news: Ways to avoid a disclosure catastrophe after closing on your new home, why your small business should have its own credit score, and why you should skip the extended warranty and save the money instead.

How to Handle Time-Barred Debt
Beware of “zobmie debt.”

5 Ways to Avoid a Disclosure Catastrophe After Closing
Pay close attention to the listing language.

Your Small Business Should Have Its Own Credit Score
Protecting your personal credit.

Skip the Extended Warranty and Save the Money Instead
Build a repair savings account instead.