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Monday’s need-to-know money news

August 8, 2016 By Liz Weston

Snip20160808_4Today’s top story: How not to pick a bank. Also in the news: bank accounts that foster independence for disabled people, how to pick the right college to avoid student debt, and newly updated government rules to help homeowners facing foreclosure.

How Not to Pick a Bank
Forget about the free toaster.

ABLE Accounts Help Foster Independence for Disabled People
Building financial independence.

Pick the Right College to Avoid Student Debt
Looking at college as an investment.

The Government Updated Its Rules to Help Homeowners Facing Foreclosure
What’s new from the Consumer Financial Protection Bureau.

Filed Under: Liz's Blog Tagged With: ABLE accounts, banking, colleges, financial aid, foreclosure, student debt, tips

A Hail Mary Retirement Plan for Those With Nothing Saved

August 8, 2016 By Liz Weston

no-retirement-savings1You’re rounding the corner toward retirement age with not nearly enough set aside.

We tell young people to start saving for retirement from their first job and not to quit, because even small sums can grow staggeringly large with enough decades of compound returns. But maybe you bumped along from paycheck to paycheck, never saving much. Or maybe you tried to save but got slammed with unexpected setbacks like a late-in-life job loss.

Let’s be clear: You can’t make up for lost time.

In my latest for the Associated Press, what you need to do in order to make your retirement more comfortable.

Filed Under: Liz's Blog Tagged With: Retirement, retirement savings

Friday’s need-to-know money news

August 5, 2016 By Liz Weston

W-2 Tax heroToday’s top story: Mistakes that could result in a tax penalty. Also in the news: The hidden dangers of not having a will, how to divorce your joint checking account, and what the real value of $100 is in each state.

7 Mistakes that May Result in a Tax Penalty
How to avoid them.

5 Hidden Dangers of Not Having a Will
Time to get your affairs in order.

How to Divorce Your Joint Checking Account
Tying up loose ends.

The Real Value of $100 in Each State
what’s it worth in your state?

Filed Under: Liz's Blog Tagged With: checking account, Estate Planning, joint checking account, money and divorce, tax penalty, Taxes, will, wills

Thursday’s need-to-know money news

August 4, 2016 By Liz Weston

shutterstock_38185810-2Today’s top story: What to do when you’re denied a checking account. Also in the news: What a credit score of 600 means, using fantasy football strategies for your investment portfolio, and how to teach your kids to budget.

Denied a Checking Account? What to Do Now
Finding affordable alternatives.

My Credit Score Is 600 — Is That Bad?
Could be worse. But could also be better.

3 Winning Fantasy Football Strategies for Your Investment Portfolio
Get your draft picks in order.

9 Ways Parents Can Teach Young Kids to Budget
Creating financially sound adults.

Filed Under: Liz's Blog Tagged With: checking account, Chexsystems, Credit Score, investment portfolios, kids and money

Wednesday’s need-to-know money news

August 3, 2016 By Liz Weston

homebuyerToday’s top story: Credit cards that allow you to set spending limits for authorized users. Also in the news: 8 keys to getting approved for a mortgage if you’re self-employed, how to tell if you’re getting a good car deal, and how to find the best mortgage rates and lenders online.

Which Credit Cards Allow You to Set a Spending Limit for Authorized Users?
Setting limits.

Self Employed? 8 Keys to Getting Approved for a Mortgage and Buying a Home
It’s not impossible.

How to Tell If You’re Getting a Good Car Deal
Deciphering the doubletalk.

How To Find The Best Mortgage Rates And Lenders Online
Navigating the online mortgage waters.

Filed Under: Liz's Blog Tagged With: authorized users, car buying, Credit Cards, mortgage, online mortgages, self-employed, spending limits, tips

Tuesday’s need-to-know money news

August 2, 2016 By Liz Weston

Zemanta Related Posts ThumbnailToday’s top story: Questions you should ask your credit card issuer. Also in the news: Student loan tips your need to know, nearly half of couples split home down payments, and personal finance myths experts want to see disappear.

6 Questions You Should Ask Your Credit Card Issuer
Knowing the hows, whens, and whys.

5 Student Loan Tips You Should Know (But Probably Don’t)
Tips from exit counseling.

Nearly Half of Couples Split Home Down Payment, NerdWallet Survey Finds
Going 50/50.

8 Personal Finance Myths Money Experts Want to See Disappear
Mythbusting.

Filed Under: Liz's Blog Tagged With: couples and money, Credit Cards, financial advisors, mythbusting, real estate, Student Loans

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