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Tuesday’s need-to-know money news

November 8, 2016 By Liz Weston

Pile of Credit CardsToday’s top story: NerdWallet’s best credit card tips for November. Also in the news: How credit card rewards can help pay for the holidays, what to do if your parents don’t have a retirement plan, and the pros and cons of a joint checking account with your parents.

NerdWallet’s Best Credit Card Tips for November 2016
Preparing for holiday spending.

How Credit Card Rewards Can Help Pay for the Holidays
Every little bit counts.

What to Do If Your Parents Don’t Have a Retirement Plan
An important conversation.

Helping out Mom or Dad with a joint checking account? Watch out
The pros and cons.

Filed Under: Liz's Blog Tagged With: credit card, credit card rewards, credit card tips, holidays, joint checking accounts, Retirement, retirement plan

Book Giveaway: Playbook for Tough Times and Frugality for Depressives

November 8, 2016 By Liz Weston

snip20161108_3I’m giving away a copy of Donna Freedman’s “Playbook for Tough Times,” and Abigail Perry’s “Frugality for Depressives.” These books have more than a topic in common–Abby is Donna’s daughter. Both books offer great, realistic advice for getting a handle on your money.

To enter to win, leave a comment here on my blog (not my Facebook page). Make sure to include your email address, which won’t show up with your comment, but I’ll be able to see it.

snip20161108_2
Comments are moderated, so it may take a little while for your comment to show up.

The winners will be chosen at random Friday night. Over the weekend, please check your email (including your spam filter). If I don’t hear from a winner by noon Pacific time on Monday, his or her prize will be forfeited and I’ll pick another winner.

Also, check back here often for other giveaways.

The deadline to enter is midnight Pacific time on Friday. So–comment away!

Filed Under: Liz's Blog Tagged With: book giveaway

Great credit is a powerful tool

November 7, 2016 By Liz Weston

Credit report with score on a desk
Credit report with score on a desk
Credit scores are a financial tool, but whether they’re a lever or a hammer depends on how good they are.

You can leverage great scores into great deals — on loans, credit cards, insurance premiums and cell phone plans. Bad scores can hammer you into missing out or paying more.

The lifetime cost of higher interest rates from bad or mediocre credit can exceed six figures. In my latest for the Associated Press, how to save thousands of dollars in interest by building great credit.

Filed Under: Liz's Blog Tagged With: Credit, Credit Scores, interest rates

Monday’s need-to-know money news

November 7, 2016 By Liz Weston

stack-of-billsToday’s top story: Why minimum payments on credit cards are designed to keep you in debt. Also in the news: Retirement planning rules Millennials can break, how to choose the right health insurance plan “metal tier,” and why it’s so hard to stick to a budget.

Credit Card Minimums: Perfectly Calibrated to Keep You in Debt
The card companies aren’t on your side.

4 Retirement Planning Rules Millennials Can Break
Or at least bend.

Choosing the Right Health Insurance Plan ‘Metal Tier’
Sadly, no rose gold.

Why Is It So Hard to Stick to a Budget?
Answering the age-old question.

Filed Under: Liz's Blog Tagged With: budgets, Credit Cards, debt, millennials, minimum payments, Retirement

Friday’s need-to-know money news

November 4, 2016 By Liz Weston

mortgageToday’s top story: How to know you’re mortgage pre-approval worthy. Also in the news: AmEx doubles your rewards at small businesses until the end of the year, where the savviest shoppers live, and the most common money schemes people still fall for.

How to Know You’re Mortgage Preapproval Worthy
Don’t be caught by surprise.

AmEx Doubles Rewards at Small Businesses Till End of 2016
A win-win all around.

Study Finds Where the Savviest Shoppers Live and What They’re Buying
What’s happening in your area?

The Most Common Money Schemes People Still Fall For
Don’t get duped.

Filed Under: Liz's Blog Tagged With: AmEx, AmEx rewards, money schemes, mortgages, pre-approval, savvy shoppers, small businesses

Thursday’s need-to-know money news

November 3, 2016 By Liz Weston

22856641_SAToday’s top story: How new grads should handle their student loans. Also in the news: 7 in 10 people would boycott a bank that rejected them for a credit card, why medical crowdfunding campaigns are rarely successful, and how to pick the right Medicare Part D plan.

New Grads Owe New Debts in November. How to Handle Yours
Your grace period is over.

Rejected for a Credit Card? 7 in 10 Would Boycott the Bank, Survey Finds
Taking it personally.

Just 11% of Medical Crowdfunding Campaigns Are Fully Funded, Study Finds
Taking desperate measures.

5 Steps to Picking the Right Medicare Part D Plan
Working through the open enrollment maze.

Filed Under: Liz's Blog Tagged With: banks, Credit Cards, crowdfunding, Medicare Part D, Student Loans

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