Friday’s need-to-know money news

Today’s top story: Loan forgiveness scaled back for defrauded students. Also in the news: an NFL rookie hoping to avoid money mistakes, giving to charity when money is tight, and New Year’s financial resolutions for your money.

Loan Forgiveness Scaled Back for Defrauded Students
An effect of the new tax bill.

When It Comes to Money, He’s Looking to Avoid Rookie Mistakes
Arizona tight end Ricky Seal-Jones.

Ask Brianna: Can I Give to Charity If Money Is Tight?
Being generous on a budget.

Make some New Year’s resolutions for your money
Start 2018 off right.

Six mistakes people make when giving to charity

Christmas donation, Concept of charityHere is a helpful rule of thumb for donating to charities this holiday season: Take your time.

People waste billions of dollars on inefficient, poorly run or downright fraudulent charities because they do not bother to research where their money is going.

And even donations to legitimate causes can be squandered by last-minute, impulsive or scattershot giving, said Daniel Borochoff, president and founder of nonprofit watchdog Charity Watch (

In my latest for Reuters, why you should carefully consider your holiday donations.