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Friday’s need-to-know money news

May 21, 2021 By Liz Weston

Today’s top story: Crypto-earning credit cards are all the rage – but should you buy in? Also in the news: As travel rebounds, credit cards can unlock perks from a bygone golden age, the pros and cons of becoming your own boss, and all the states offering vaccine rewards.

Crypto-Earning Credit Cards Are All the Rage — But Should You Buy In?
The crypto curious might benefit, but most people will likely do better with a traditional rewards credit card.

As Travel Rebounds, Credit Cards Can Unlock Perks From Bygone Golden Age
A flood of pent-up demand is about to hit airports and hotels. The right credit card can help you hark back to travel’s heyday by dodging some of the lines, the noise and the fees.

Should You Become Your Own Boss?
The pros and cons.

All the States Offering Vaccine Rewards (Including Cash)
See what your state is offering.

Filed Under: Liz's Blog Tagged With: becoming your own boss, crypto reward credit cards, travel, travel card rewards, vaccine rewards

Thursday’s need-to-know money news

May 20, 2021 By Liz Weston

Today’s top story: The checks that could change your financial life. Also in the news: Should you sign up for Medicare if you’re 65 and still working, 6 signs you’re about to overpay for life insurance, and 7 products being slammed by inflation.

The Checks That Could Change Your Financial Life
A temporary boost to the child tax credit can help fuel emergency savings, cut debt and build financial stability.

Should You Sign Up for Medicare If You’re 65 and Still Working?
Signing up for Medicare at 65 may make sense even if you have private insurance through your or your spouse’s job.

6 Signs You’re About to Overpay for Life Insurance
If you focus on convenience or a policy’s extra benefits, you might pay too much. Here’s what to look out for.

7 Products Being Slammed by Inflation (and How to Avoid Spending More)
From computer chips to steaks.

Filed Under: Liz's Blog Tagged With: child tax credit expansion, inflation, life insurance, Medicare

Wednesday’s need-to-know money news

May 19, 2021 By Liz Weston

Today’s top story: Scam Alert – Be skeptical of that emergency. Also in the news: How 2 first-gen college students got into their dream schools, what to do if your tax refund is delayed, and what to look for in an offer letter (besides the money).

Scam Alert: Be Skeptical of That ‘Emergency’
Take steps to guard against criminals who may pose as family or friends seeking money in an emergency.

How 2 First-Gen College Students Got Into Their Dream Schools
Focus on what drives you, lean on your resources and don’t quit when going through the college admissions process.

What to Do If Your Refund Is Delayed and Your Bills Aren’t
Coping with IRS delays.

What to Look for in an Offer Letter (Besides the Money)
Other perks to look for.

Filed Under: Liz's Blog Tagged With: college, fake emergencies, offer letters, scams, tax refund delays

The checks that could change your financial life

May 19, 2021 By Liz Weston

Starting in July, most families with kids will start getting monthly payments of up to $300 per child as part of the American Rescue Plan’s expansion of the child tax credit.

The payments are scheduled to end in December, and it’s unclear whether they will be extended. But even six months of payments could make a big difference in many families’ finances.

For some, the money will be a lifeline to pay rent, food and other essential expenses. For others, the cash could be a chance to make lasting changes that could help them become more financially stable.

In my latest for the Associated Press, find out more about the child tax credit expansion.

Filed Under: Liz's Blog Tagged With: child tax credit expansion

Tuesday’s need-to-know money news

May 18, 2021 By Liz Weston

Today’s top story: Easy ways to get started with sustainable investing. Also in the news: Tips for finding pet-friendly lodging and flights, how to plan an eco-friendly remodel without overspending, and a recent letter from the IRS is not a scam.

Sustainable Investing: Easy Ways to Get Started
Sustainable investing doesn’t need to be complicated: Funds, stocks and robo-advisors make it easy.

Tips for Finding Pet-Friendly Lodging and Flights
Don’t assume you can fly or stay easily when traveling with your pets. Extra planning will be needed.

How to Plan an Eco-Friendly Remodel Without Overspending
You don’t have to spend big on an eco-friendly remodel. Here’s how to make it budget-friendly, too.

This IRS Letter Isn’t a Scam, and You Should Keep It
Notice 1444-C is legit.

Filed Under: Liz's Blog Tagged With: eco-friendly remodeling, IRS letter, sustainable investing, traveling with pets

Monday’s need-to-know money news

May 17, 2021 By Liz Weston

Today’s top story: 6 signs you’re about to overpay for life insurance. Also in the news: A new episode of the Smart Money podcast on big purchases and overcoming money guilt, 53% of Americans support expanding Medicare benefits, and avoid penalties by filing for a tax extension.

6 Signs You’re About to Overpay for Life Insurance
If you focus on convenience or a policy’s extra benefits, you might pay too much. Here’s what to look out for.

Smart Money Podcast: Big Purchases and Overcoming Money Guilt
How to use credit cards to cover big purchases.

53% of Americans Support Expanding Medicare Benefits, Survey Finds
Some potential Medicare changes are more popular than others, according to a new NerdWallet poll.

Avoid Penalties by Filing for a Tax Extension
The deadline is midnight tonight.

Filed Under: Liz's Blog Tagged With: big purchases, life insurance, Medicare expansion, money guilt, Smart Money podcast, tax extensions

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