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Tuesday’s need-to-know money news

April 7, 2020 By Liz Weston

Today’s top story: Cashing out 401(k) due to COVID-19? Consider these things first. Also in the news: How one man paid off almost $37,000 of debt, what you need to know about COVID-19 and life insurance, and removing late payments from your credit report with a goodwill letter.

Cashing Out a 401(k) Due to COVID-19? Consider These Things First
Don’t make a rash decision.

How I Ditched Debt: Trimming Small Expenses to Achieve a Big Goal
How one man paid off almost $37,000 of debt.

Life insurance and COVID-19: What you need to know
Taking a look at the exceptions.

Remove Late Payments From Your Credit Report With a Goodwill Letter
It never hurts to ask.

Filed Under: Liz's Blog Tagged With: 401(k), Coronavirus, COVID-19, debt diary, late credit card payments, life insurance

What to do when you can’t pay your bills

April 7, 2020 By Liz Weston

The economic fallout from the coronavirus pandemic could be profound. Many people are already losing jobs, with unemployment jumping at a record pace. Even those who stay employed may face reduced hours or uncertainty about how long their paychecks will continue.

If you’re in a situation where you can’t pay all your bills, or likely to be there soon, you may have some options to limit the damage to your finances. In my latest for the Associated Press, a look at those options.

Filed Under: Liz's Blog Tagged With: advice, bill paying, Coronavirus, financial difficulties

Monday’s need-to-know money news

April 6, 2020 By Liz Weston

Today’s top story: 7 kinds of COVID-19 relief for college students. Also in the news: Why rich students get more financial aid than poor ones, a new episode of the SmartMoney podcast on Student Loans and the stimulus package, and what it means to be furloughed.

7 Kinds of COVID-19 Relief for College Students
From relief checks to Pell Grants.

Why Rich Students Get More Financial Aid Than Poor Ones
Accomplishments vs need.

SmartMoney Podcast: ‘Will the Coronavirus Stimulus Package Help Me With My Student Loans?’
Hitting the pause button.

What Does It Mean to Be Furloughed?
What to do when your workplace closes temporarily.

Filed Under: Liz's Blog Tagged With: college students, Coronavirus, COVID-19, financial aid, furloughs, SmartMoney podcast, Student Loans

Friday’s need-to-know money news

April 3, 2020 By Liz Weston

Today’s top story: COVID-19 loan options and payment relief. Also in the news: Why you shouldn’t give your adult kids your house, managing the high cost of infertility, and when you’ll get your Coronavirus relief check.

COVID-19: Loan Options and Payment Relief
Lenders respond to the pandemic.

Don’t Give Your Adult Kids Your House
Good intentions could cause big problems.

Managing the High Cost of Infertility
Evaluating your options.

Here’s When You’ll Get Your Coronavirus Relief Check
A look at the schedule.

Filed Under: Liz's Blog Tagged With: adult kids, Coronavirus, COVID-19, infertility, Loans, payment relief, real estate

Thursday’s need-to-know money news

April 2, 2020 By Liz Weston

Today’s top story: SmartMoney Podcast – Coronavirus and your portfolio. Also in the news: How to suspend or cancel car insurance temporarily, what to do when the Coronavirus crisis delays your wedding day, and Coronavirus food delivery options and how your credit card can help.

SmartMoney Podcast: Coronavirus and Your Portfolio
Managing the toll on your investments.

How to Suspend or Cancel Car Insurance Temporarily
Don’t pay for a car you’re not using.

What to Do When the Coronavirus Crisis Delays Your Wedding Day
Working with vendors and tips on paring back.

COVID-19: Food Delivery Options and How Your Credit Card Can Help
No-contact deliveries and savings on fees.

Filed Under: Liz's Blog Tagged With: car insurance, Coronavirus, food delivery, investment portfolio, SmartMoney podcast, tips, weddings

Wednesday’s need-to-know money news

April 1, 2020 By Liz Weston

Today’s top story: What to do when your Coronavirus stockpile runs low. Also in the news: How expanded Coronavirus unemployment benefits work, buy a car at a safe distance with a No-Touch deal, and how to lift or cancel a credit freeze.

What to Do When Your Coronavirus Stockpile Runs Low
Shopping strategically.

How Expanded Coronavirus Unemployment Benefits Work
Understanding the CARES Act.

Buy a Car at a Safe Distance With a ‘No-Touch’ Deal
Car buying moves online.

How to Lift or Cancel a Credit Freeze
Thawing your credit.

Filed Under: Liz's Blog Tagged With: car shopping, CARES Act, Coronavirus, credit freeze, shopping, stockpile, tips, unemployment benefits

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