Friday’s need-to-know money news

Today’s top story: This year, resolve to leave no gift card unused. Also in the news: A new episode of the Smart Money podcast on saving for your dream retirement, how to have the wedding you want for less, and comparing car insurance rates.

This Year, Resolve to Leave No Gift Card Unused
Most gift cards are spent within a year, but billions of dollars remain unspent and about 1% to 2% of gift card dollars typically go unused.

How to Have the Wedding You Want for Less
When planning a wedding, there’s pressure to create a perfect event. But you can still have the day of your dreams with a wedding budget of any size.

Smart Money Podcast: Saving for Your Dream Retirement
Budgeting pro Marissa Lyda talks with Sean and Liz about saving and how she’s made a full-time job out of YouTube.

Compare Car Insurance Rates
The NerdWallet guide to finding the best car insurance rate

Wednesday’s need-to-know money news

Today’s top story: Here’s which airline rewards program gives the most value. Also in the news: The most valuable hotel rewards program in 2022, 5 steps to strengthen your finances, and despite higher wages, inflation gave the average worker a 2.4% pay cut last year. Here’s Which Airline Rewards Program Gives the Most Value Alaska, […]

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Tuesday’s need-to-know money news

Today’s top story: Crushing student loan debt prompts parents to consider postponing their retirement. Also in the news: Who should and shouldn’t consider using a personal loan to pay off holiday debt, the number one insurance claim filed by homeowners in the winter, and will employees be able to travel more this year? Crushing student […]

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This year, resolve to leave no gift card unused

Years ago, a friend who needed cash sold me a $100 Nordstrom gift card. I wish I knew where the heck I put it. Gift cards are a popular holiday solution, especially recently, as supply chain disruptions and shipping delays have made gift buying more challenging. Most gift cards are spent within a year, but […]

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Monday’s need-to-know money news

Today’s top story: How a financial therapist can help shift your money mindset. Also in the news: A new episode of the Smart Money podcast on new money resolutions and strategizing debt payoff, how to attract busy contractors to your home remodel, and saving for what makes you feel good in 2022. How a Financial […]

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Q&A: It’s easy to squander a windfall. How to make the money work for you

Dear Liz: I’m receiving a $150,000 inheritance soon. After I pay all of my debt, I’ll have approximately $70,000. I’m 51, single with no children and my net income is about $4,400 a month. I’ve rarely been wise or successful with my finances. I have no prior savings, don’t own a home and drive a […]

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Q&A: All investments involve risk

Dear Liz: I want to protect principal in my modest retirement savings account for future needs. I’ve been in cash and money market funds, but if the recent surge in inflation continues, purchasing power could decrease 25% or more over the next five years. Certificates of deposit and Treasury Inflation-Protected Securities (TIPS) tie money up […]

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Q&A: Mortgage payoff creates options

Dear Liz: My wife and I just paid off our mortgage. What’s the correct thing to do now with the amount we used for the mortgage payments? Answer: Congratulations! Paying off a mortgage is a big deal, so consider using some of your freed-up money to celebrate in whatever way seems appropriate. Many Americans don’t […]

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Thursday’s need-to-know money news

Today’s top story: What the No Surprises Act means for your medical bills. Also in the news: A new episode of the Smart Money podcast on buying your dream house, the January mortgage rate forecast, and 5 steps to reach your money goals in 2022. What the No Surprises Act Means for Your Medical Bills […]

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Wednesday’s need-to-know money news

Today’s top story: More than half of travelers have the same New Year’s resolution. Also in the news: Saving on a new car from the factory, how to travel to Super Bowl LVI on a budget, and how to help your parents navigate health care in retirement. More Than Half of Travelers Have the Same […]

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