Friday’s need-to-know money news

The hackerThe best way to invest your first $1000, the pros and cons of living on cash, and what’s covered by identity theft insurance.

How to Invest Your First $1,000
The road to investment success has to begin somewhere.

4 Tips Before Buying Your Teenager a Car
Laying down the rules of the road before they get behind the wheel.

What I Learned From Living on Cash
Could you survive the Cash Challenge?

Will ID Theft Insurance Shield You From Fraud?
What is and isn’t covered by identity theft insurance.

Trick Yourself Into Boosting 401(k) Contributions
The simple trick that could increase your 401(k) contribution.