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Liz Weston

Friday’s need-to-know money news

January 20, 2017 By Liz Weston

Today’s top story: How to prep (or not) for President Trump’s proposed tax changes. Also in the news: You could be owed money in the Western Union fraud case, why inauguration rental hosts could get a tax break, and 4 ways your expenses can skyrocket when having kids.

How to Prep (or Not) for Trump’s Proposed Tax Changes
How these changes could affect you.

Western Union Fraud Case: Are You Owed Money
A new website has been set up for victims.

Inauguration Rental Hosts May Get Tax Break
A federal tax code could save hosts money.

Thinking of Having Kids? 4 Ways Your Expenses Can Skyrocket

Filed Under: Liz's Blog Tagged With: Financial Planning, fraud, inauguration, kids and money, tax changes, Western Union

Thursday’s need-to-know money news

January 19, 2017 By Liz Weston

Today’s top story: 5 financial goals to set in 2017. Also in the news: What you should do with rising home equity credit rates, simple tasks to prepare you for tax season, and 7 ways to prepare for an unpaid maternity leave.

5 Financial Goals to Set in 2017
Short-term and long-term.

Home Equity Line of Credit Rates to Rise; What Should You Do?
Assessing your options.

These Simple Tasks Prepare You for Tax Season
Getting your documents in order.

7 Ways to Prepare for an Unpaid Maternity Leave
Creating a less stressful maternity leave.

Filed Under: Liz's Blog Tagged With: financial goals, home equity credit rates, maternity leave, tax season, Taxes, tips

Navient student loan lawsuit

January 19, 2017 By Liz Weston

Federal regulators just smacked the student loan servicer formerly known as Sallie Mae with a lawsuit accusing it of all kinds of bad behavior. This is a big deal, since the company, now called Navient, handles billions of dollars of loan payments for about one out of four borrowers. The New York Times said the accusations were “eerily similar” to the systematic failures during the foreclosure process.

Read on to find out more about the lawsuit and what to do if you’re struggling with education debt:

https://www.nerdwallet.com/blog/loans/student-loans/navient-student-loan-lawsuit/

Filed Under: Liz's Blog Tagged With: education debt, Navient, Sallie Mae, Student Loans

Wednesday’s need-to-know money news

January 18, 2017 By Liz Weston

Today’s top story: What happens when you can’t repay a payday loan. Also in the news: How to upgrade your old car with new-car tech, why women may face retirement shortfalls despite the closing pay gap, and the biggest complaints about 401(k)s.

When You Can’t Repay a Payday Loan
Preparing for the consequences.

5 Ways to Upgrade Your Old Car With New-Car Tech
You don’t need a new car in order to have the bells and whistles.

Pay Gap Closing but Women May Face Retirement Shortfall
Good news and bad news.

The Biggest Complaints About 401(k)s
Know what you’re dealing with.

Filed Under: Liz's Blog Tagged With: 401(k), car upgrades, payday loans, retirement savings, wage gap

Tuesday’s need-to-know money news

January 17, 2017 By Liz Weston

Today’s top story: How to prepare financially for your death regardless of your age. Also in the news: The best industries for starting a business in 2017, how insurance companies use your driving record as a crystal ball, and 5 practical steps for creating a retirement backup plan.

How to Prepare Financially for Your Death (No Matter How Young You Are)
Making important decisions.

5 Best Industries for Starting a Business in 2017
Time to start working for yourself.

Your Driving Record: Insurance Companies’ Crystal Ball
Analyzing your behavior.

5 practical steps for creating a retirement backup plan
Always have a Plan B.

Filed Under: Liz's Blog Tagged With: auto insurance, Estate Planning, Insurance, Retirement, retirement planning, starting a business

Retirement advice from retired financial experts

January 16, 2017 By Liz Weston

Most retirement advice has a flaw: It’s being given by people who haven’t yet retired.

So I asked money experts who have quit the 9-to-5 for their best advice on how to prepare for retirement.

In my latest for the Associated Press, what the experts say you can do to prepare yourself both financially and mentally.

Filed Under: Liz's Blog Tagged With: advice, financial experts, Retirement

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