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Friday’s need-to-know money news

December 18, 2015 By Liz Weston

Today’s top story: What Yoda would say if he were your financial adviser. Also in the news: Why the IRA will audit you, why waiting for perfect finances is futile, and how your New Year’s Resolutions can actually hurt your credit.

10 things Yoda would say if he were your financial adviser
Save money, you will.

7 Reasons the IRS Will Audit You
Avoid hoisting these red flags.

When It Comes to Your Finances, Don’t Let Perfect Get in the Way of Better
Waiting for perfection will only dig a deeper hole.

3 New Year’s Resolutions That Can Hurt Your Credit
Yes, you read that correctly.

Filed Under: Liz's Blog Tagged With: audits, Credit, financial advisers, IRS, New Year's resolutions, Star Wars, tips, Yoda

Thursday’s need-to-know money news

December 17, 2015 By Liz Weston

132417463Today’s top story: 9 states where you can freeze your credit for free. Also in the news: Giving your grown kids the gift of money smarts, tax deductions that could lead to an audit, and why an FSA is a great investment.

9 States Where You Can Freeze Your Credit for Free
Protecting yourself from identity theft.

How To Give Your Grown Kid The Holiday Gift Of Money Smarts
It’s never too late.

These 3 tax deductions could lead to an IRS audit
Reducing the odds.

If You’re Not Using Your FSA, You’re Missing Out on a Great Investment
A great way to stretch your money.

‘Tis the Season for These 7 Tax-Saving Strategies
Time’s running out.

Filed Under: Liz's Blog Tagged With: audit, Credit, credit freeze, financial gifts, FSA, tax deductions, Taxes, tips

Fed interest rate hike means it’s time to review your credit cards

December 16, 2015 By Liz Weston

Pile of Credit CardsYou may hardly notice the first Federal Reserve rate increase in nearly a decade, but it makes now a good time to consider making changes to the credit cards you use. If you carry a balance, you may be able to reduce the future cost of your debt. If you don’t, you should be looking for better rewards deals.

The Fed on Wednesday increased its benchmark short-term interest rate, which it last raised in 2006 and which has hovered around zero since 2008, 0.25 percent.

In my latest for Reuters, what this hike means for you and your credit cards.

In my latest for Bankrate, how to balance diversification and simplicity in your financial life.

Filed Under: Liz's Blog Tagged With: Credit Cards, Fed, interest rates

Wednesday’s need-to-know money news

December 16, 2015 By Liz Weston

Today’s top story: How to break up with your financial advisor. Also in the news: How to save on remodeling costs, what happens to your debt after you die, and the perfect stocking stuffer for your future investor.

Breaking up with your Financial Advisor
Protecting your best interests.

Remodeling? Refinancing With a 203(k) Loan Can Help
Better interest rates could make remodeling more affordable.

What Happens to Your Debt After You Die?
You can’t take it with you, so to speak.

A Stock Gift Card for Your Little Investor
A great STOCKing stuffer.

6 Strategies to Get Out of Debt
Finding the one that works for you.

Filed Under: Liz's Blog Tagged With: 203k loans, debt, financial advisors, home remodeling, Stocks, tips

Tuesday’s need-to-know money news

December 15, 2015 By Liz Weston

Today’s top story: The pros and cons of e-gift cards. Also in the news: Why you’re likely to pay more for auto insurance in 2016, why couples should tackle estate planning now, and a guide to holiday tipping.

Are E-Gift Cards Safe? Here’s What to Know
Making holiday shopping easier.

Here’s Why Your Auto Insurance Will Likely Cost More Next Year
Get ready for higher rates.

5 Ways Couples Can Tackle Estate Planning Now
Don’t put it off.

How Big a Tip to Give for the Holidays
Who should get what.

Filed Under: Liz's Blog Tagged With: auto insurance, auto insurance rates, couples and money, e-gift cards, Estate Planning, holiday shopping, holiday tipping, tipping

Monday’s need-to-know money news

December 14, 2015 By Liz Weston

interest-rates-300x225Today’s top story: What you need to know about a potential interest rate hike. Also in the news: An education tax credit that could save you $2500, how to save money on your next vacation, and how to calculate how much you’ll lose by cashing out an old 401(k).

Rates Are About to Rise: Here’s What You Need to Know
Be prepared.

Could an educational tax credit save you $2,500 this year?
Let’s find out.

5 ways to save money on your next vacation
Alternatives to coming home broke.

This Calculator Shows How Much You’ll Lose by Cashing Out an Old 401(k)
Should you cash out?

Filed Under: Liz's Blog Tagged With: 401(k), 401(k) calculator, interest rates, tax credits, tips, travel, vacation

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