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Liz Weston

Friday’s need-to-know money news

September 28, 2018 By Liz Weston

Today’s top story: Don’t let magical thinking jinx retirement. Also in the news: How to live with your first credit card’s low limit, legal complaint puts student debt relief companies in the crosshairs, and a decade after the housing crisis, foreclosures still haunt homeowners.

Don’t Let Magical Thinking Jinx Retirement Planning
Money won’t suddenly begin growing on trees.

How to Live With Your First Credit Card’s Low Limit
No, your limit isn’t missing a zero.

Legal Complaint Puts Student ‘Debt Relief’ Companies in Crosshairs, and Borrowers Can Help Make the Case
Borrowers have a way to fight back.

A decade after the housing crisis, foreclosures still haunt homeowners
Long lasting repercussions.

Filed Under: Liz's Blog Tagged With: Credit Cards, credit limit, foreclosures, housing crisis, low limits, Retirement, retirement savings, student debt, student debt relief

Thursday’s need-to-know money news

September 27, 2018 By Liz Weston

Today’s top story: How to write a will that won’t trigger a family feud. Also in the news: Bundling insurance doesn’t always save money, Millennials are doing just fine with their finances, and deciding if you can afford to have kids.

How to Write a Will That Won’t Trigger a Family Feud
Keeping the peace during a difficult time.

Will You Save Money Bundling Insurance? Not Always
The pros and cons of bundles.

Don’t Believe the Hype About Millennials and Money
They’re doing just fine.

Are You Too Broke to Be a Parent?
Making important financial decisions.

Filed Under: Liz's Blog Tagged With: bundling insurance, Estate Planning, family planning, millennials and money

Wednesday’s need-to-know money news

September 26, 2018 By Liz Weston

Today’s top story: One couple’s real estate journey to a home in Philadelphia. Also in the news: What rising DTI limits mean for your next mortgage, why the cashless trend doesn’t have all shoppers sold, and bad money habits you could be guilty of.

How I bought a home in Philadelphia
One couple’s real estate journey.

What Rising DTI Limits Mean for Your Next Mortgage
Know your debt-to-income ratio.

Why the Cashless Trend Doesn’t Have All Shoppers Sold
For some, cash is still king.

Are You Guilty of These Bad Money Habits?
Sound familiar?

Filed Under: Liz's Blog Tagged With: bad money habits, cashless shopping, couples and money, debt-to-income ratio, money habits, mortgages, real estate

How to write a will that won’t trigger a family feud

September 26, 2018 By Liz Weston

Creating an estate plan is a gift to the people you leave behind. By expressing your wishes, you’re trying to guide your loved ones at a difficult, emotional time.

All too often, though, well-meaning people do things destined to create discord, rancor and resentment among their heirs. What looks good on paper may play out disastrously in real life, says estate and trust attorney Marve Ann Alaimo, partner at Porter Wright Morris & Arthur in Naples, Florida.

“People want to think everybody will be nice and do right,” Alaimo says. “Human nature is not always that way.”

In my latest for the Associated Press, four things you can do to reduce the chances of family discord.

Filed Under: Liz's Blog Tagged With: Estate Planning, family conflict, tips, wills

Tuesday’s need-to-know money news

September 25, 2018 By Liz Weston

Today’s top story: How an engineer digs out of $100,000 in loans. Also in the news: What to do if Hurricane Florence hits your home and/or mortgage, 3 low-stress ways to invest for retirement, and the pros and cons of identity monitoring.

Debt Diary: How an Engineer Digs Out of $100,000 in Loans
Accounting for every single expense.

What to Do If Hurricane Florence Hits Your Home, Mortgage
Recovering from disaster.

3 Low-Stress Ways to Invest for Retirement
How to get started.

The Pros and Cons of Identity Monitoring Services
Are they worth the expense?

Filed Under: Liz's Blog Tagged With: debt, Hurricane Florence, identity monitoring, Identity Theft, Investing, natural disasters, Retirement, Student Loans

Monday’s need-to-know money news

September 24, 2018 By Liz Weston

Today’s top story: Why your financial advisor has a financial advisor. Also in the news: Is a rent-to-own home right for you, what really matters with your first credit card, and why FICO credit scores are now at their highest levels ever.

Why Your Financial Advisor Has a Financial Advisor
Taking off the blinders.

Is a Rent-to-Own Home Right for You?
The pros and cons.

What Really Matters With Your First Credit Card
Knowing the basics.

FICO credit scores are now at their highest levels ever … here’s why
The average score is now 704.

Filed Under: Liz's Blog Tagged With: Credit Cards, Credit Score, FICO score, financial advisors, first credit card, rent-to-own home

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