Friday’s need-to-know money news

Today’s top story: How to understand and reduce taxes when selling your home. Also in the news: Why you need to learn your parents’ financial plans ASAP, how debt-related stress affects body and mind, and the goods and services that have actually dropped in price this year.

How to Understand and Reduce Taxes When Selling Your Home
If your home’s value has soared, congratulations. If you decide to sell, beware.

Learn Your Parents’ Financial Plans ASAP
A difficult and important conversation to have.

How Debt-Related Stress Affects Body and Mind
The stress of being in debt can cause physical symptoms like insomnia and stomachaches. It can also harm you emotionally and affect your relationships.

These Goods and Services Have Actually Dropped in Price This Year
Inflation has brought on a price increase for most things, but not everything.

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  1. Tammy hurley says

    I’m a widower since 2010 can I collect my husband’s benefits?

    • Liz Weston says

      Check with Social Security. Survivor’s benefits are available starting at age 60. Just understand that you can’t collect your own benefit plus a survivor’s benefit — you would get the larger of the two amounts.