Friday’s need-to-know money news

Today’s top story: Don’t let your first car be a $30K mistake. Also in the news: House Democrats push Treasury, IRS for repeal of rule blocking state and local taxes cap workaround, should you use a reverse mortgage to pay for long-term care, and the easiest way to make your cell phone bill cheaper.

Don’t Let Your First Car Be a $30K Mistake
Buying your first car right now isn’t easy, but with the right prep you can find a car that won’t become a burden.

House Democrats push Treasury, IRS for repeal of rule blocking state and local taxes cap workaround
Three House Democrats are still pushing for relief on the $10,000 limit on the federal deduction for state and local taxes, known as SALT.

5 ways to get around high credit card interest rates
Credit card interest rates have started going up.

Should you use a reverse mortgage to pay for long-term care?
Someone turning 65 has nearly a 7-in-10 chance of needing long-term care in the future, according to the Department of Health and Human Services.

The Easiest Ways to Make Your Cell Phone Bill Cheaper
Your attention span is already prisoner to your phone; your wallet doesn’t have to be, too.

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