Monday’s need-to-know money news

imagesToday’s top story: How to avoid 3 bank fees you shouldn’t be paying. Also in the news: One-word answers to your money questions, life insurance in 250 words, and how allowance contracts could help kids learn about money.

How to Avoid 3 Bank Fees You Shouldn’t Be Paying
Don’t pay your bank to access your money.

One-Word Answers To Your Money Questions
Short and sweet.

Life Insurance Explained in (Exactly) 250 Words
No more, no less.

Negotiate “Allowance Contracts” With Your Kids to Teach Them About Money
Put it in writing.

Tuesday’s need-to-know money news

scamToday’s top story: How to spot a credit repair scam. Also in the news: Using the home office tax deduction with a mortgage interest rate deduction, a costly tax trap older Americans need to avoid, and answers to embarrassing money questions.

Top 4 Ways to Spot a Credit Repair Scam
If it looks too good to be true, it usually is.

How the Home-Office Deduction Works With the Mortgage-Interest Deduction
Don’t pay more than you have to.

Don’t Get April-Fooled by This Very Costly IRS Tax Trap
An important reminder for older Americans.

3 Money Questions Everyone’s Too Embarrassed to Ask
Remember…there are no stupid questions.