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Thursday’s need to know money news

July 3, 2014 By Liz Weston

    Zemanta Related Posts ThumbnailToday’s top story: How to celebrate the 4th of July while on a budget. Also in the news: Having a shred party, important financial moves for every decade, and declaring bankruptcy when you owe back taxes.

    9 Cheap Ways to Celebrate July 4th
    Celebrating on a budget.

    Shred, White & Blue: Is There Really Freedom From Identity Theft?
    Time for a shred party!

    Important Financial Moves for Every Decade
    Facing each decade’s financial difficulties.

    Can I File Bankruptcy on the Taxes I Owe the IRS?
    The answer may surprise you.

Filed Under: Liz's Blog Tagged With: back taxes, Bankruptcy, credit card theft, Identity Theft

Notes from London

July 3, 2014 By Liz Weston

LondonIn Los Angeles, a 10 percent chance of rain in the forecast means it’s not going to rain. In London, a 10 percent chance of rain means it will rain 10 percent of the day.

At least that’s my conclusion after our recent week tourizing that fine city.

Each morning, we made sure to pack our rain jackets regardless of the forecast, and just about every day we used them. We had one truly rainy day, but were (as the Brits say) spoiled for choice about where to spend it, since London has so many great indoor options to entertain the kiddos: the British Museum, a science museum, a natural history museum and an aquarium, to name just a few.

Most of the major museums are free. Spending time in one of London’s many parks is also free, and renting a bike to tool around will cost you just two pounds for the day (about $3.50). We appreciated these wallet-friendly options, because otherwise London can be an expensive city. (Just one example: two loads of laundry at a laundrette near Marble Arch set me back over $30. The proprietor was lovely, though, and there are worse things than spending a morning chatting with fellow travelers from all over the world.)

Some things are definitely worth the expense. Among them:

The hop-on, hop-off buses. I’ve long been skeptical of the open-top buses that cruise big cities, but the Big Bus tour we took had a witty guide and offered a great overview of the city. Our tickets included a boat ride on the Thames and several free walking tours. You can get your tickets at most of the stops, or get them in advance for a discount online. (We spent about $130 for three people.)

The Harry Potter tour at the Warner Bros. studio. Visit the sets, check out the props, be blown away by the scale models used in making the film. The digital guides, with audio and video commentary, are worth getting. (With the guides, we spent about $200 for admission plus about $50 for rail tickets to get there.)

The Tower of London. A thousand years of history in one place, with lots to interest the kiddos. (Admission for three was about $70.)

Matilda. Yes, we could have seen this terrifically fun musical made from Roald Dahl’s book in New York, but I’m glad we waited to see it in its native habitat. If you book in advance, you can get a better deal than the nearly $300 I shelled out for two tickets…so do that.

 

Filed Under: Liz's Blog Tagged With: London, saving money, travel

Wednesday’s need-to-know money news

July 2, 2014 By Liz Weston

Identity theft conceptToday’s top story: The increase in student loan interest rates. Also in the news: Safeguarding your retirement, making sure your finances are marriage ready, and protecting your identity while on vacation.

Student Loan Rates Rise Today: Will You Be Paying More?
Find out how much more you could be paying.

How to Insure Your Retirement Like You Do Your Car (Almost)
Tips to help you safeguard.

Checklist: Is Your Money Ready For Marriage?
You’re not the only one walking down the aisle.

11 Ways to Keep Identity Thieves from Ruining Your Vacation
Why should they get to have any fun?

Filed Under: Liz's Blog Tagged With: Identity Theft, marriage, Retirement, Student Loans

Tuesday’s need-to-know money news

July 1, 2014 By Liz Weston

Zemanta Related Posts ThumbnailToday’s top story: Five mid-year tax moves you should make right now. Also in the news: Why you should consider signing up later for social security, getting a late start on retirement savings, and why you should open a savings account.

5 Smart Mid-Year Tax Moves for Right Now
Don’t wait until next year.

Why Workers Sign Up for Social Security at Age 62
Waiting could bring you more money.

5 keys to a successful late-start retirement plan
There’s still time to catch up.

5 Reasons to Start a Savings Account Today
The easiest way to start building wealth.

Here’s What You Should (and Shouldn’t) Buy in July
Hold off on that new TV.

Filed Under: Liz's Blog Tagged With: Retirement, savings accounts, shopping, Social Security, Taxes

Monday’s need-to-know money news

June 30, 2014 By Liz Weston

imagesToday’s top story: How to help your adult child become financially independent. Also in the news: Keeping your credit data safe at the World Cup, what new grads need to know about renters insurance, and what to do when you can’t pay your student loans.

How to Help an Adult Child Become Financially Independent
It’s never too late.

World Cup-Bound? Keep Your Credit Card Data Safe!
Protecting your credit card data is the goal.

What New Graduates Should Know About Renters Insurance
You’re not living at Mom and Dad’s anymore.

What to Do When You Can’t Afford to Pay Your Student Loans
Don’t panic.

How to actually save more money
Helpful tips.

Filed Under: Liz's Blog Tagged With: credit card theft, Credit Cards, finance tips, Identity Theft, renters insurance

Q&A: Purchasing the right credit report

June 29, 2014 By Liz Weston

Dear Liz: I got my credit reports from http://www.annualcreditreport.com as you recommended in a recent column, but had to go through some hoops to get my actual credit score, which is the main thing I wanted. One of the bureaus required me to subscribe to its newsletter, which cost $29.95 a month after a seven-day free trial. I guess they hope people won’t cancel within seven days, but I did, without any trouble.

Answer: Confusion about the difference between credit reports and credit scores often leads people to sign up for unnecessary, costly products. (You were signing up for credit monitoring, by the way, not a newsletter.) You can get free credit scores from a variety of sites, including Credit.com, Credit Karma and Quizzle, without having to buy a product. The scores you get from these sites aren’t the scores that lenders typically use, but neither is the score the credit bureau provided you. If you want to see scores lenders usually use, you’ll need to buy those for $20 apiece from MyFico.com.

Filed Under: Credit Scoring, Q&A Tagged With: Credit Reports, q&a

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