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Wednesday’s need-to-know money news

May 4, 2016 By Liz Weston

o-CREDIT-REPORT-facebookToday’s top story: Should you pay for credit repair? Also in the news: Tips on raising financially savvy kids, credit scores and dating, and why it might make sense to pay down debt slowly.

Should You Pay for Credit Repair?
The pros and cons.

11 Tips to Raise Financially Savvy Kids
Starting them off right.

Nearly 40% of Americans want to know your credit score before dating
Should credit worthiness determine date worthiness?

Why It Might Make Sense to Pay Down Debt Slowly
Slow and steady might win the race.

Filed Under: Liz's Blog Tagged With: couples and money, Credit, credit repair. kids and money, debt, tips. credit scores

Is Saving Pointless?

May 3, 2016 By Liz Weston

Zemanta Related Posts ThumbnailRaise your hand if you’ve ever tried to build an emergency fund, then gave up after an unexpected expense drained away everything you managed to save.

If that’s you, then you’re likely part of the 47% of Americans who recently told the Federal Reserve that they wouldn’t be able to pay an unexpected $400 expense without borrowing or selling something. Some said they wouldn’t be able to come up with the money at all.

In my latest for NerdWallet, how your savings is what stands between you and the financial shocks that could send your life into a tailspin.

Filed Under: Liz's Blog, Saving Money Tagged With: saving money, Savings

Tuesday’s need-to-know money news

May 3, 2016 By Liz Weston

types-of-scholarshipsToday’s top story: Clever strategies to fund your child’s college education. Also in the news: How to choose a qualified credit counselor, how the wage gap for women turns into a retirement gap, and how to protect yourself from ATM fraud.

3 Clever Strategies to Fund Your Child’s College Education
Thinking outside the box.

3 Steps to Choosing a Qualified Credit Counselor
Finding the counselor who can best serve your needs.

For Women, Wage Gap Becomes Retirement Gap
The 21% gap.

Warning: ATM Fraud Is on the Rise
Protecting yourself from ATM skimming.

Filed Under: Liz's Blog Tagged With: ATM fraud, college tuition, Credit, credit counselor, fraud, Retirement, wage gap

Monday’s need-to-know money news

May 2, 2016 By Liz Weston

file_161555_0_tax refundToday’s top story: Smart things to do with your tax refund. Also in the news: New options for payday loan borrowers, how to build an emergency fund on a low income, and how to decide when to claim Social Security.

Smart Things To Do With Your Tax Refund
Putting your refund to good use.

A New Option for Payday Loan Borrowers
Borrowers in California and Texas may have better options.

Build Your Emergency Fund On a Low Income With a Simple Bill Tweak
A slight tweak in how you pay your bills could save the day.

3 fast facts that can help you decide when to claim Social Security
Making the best decision for your retirement.

Filed Under: Liz's Blog Tagged With: bill paying, emergency funds, payday loans, Savings, Social Security, tax refunds, Taxes

Friday’s need-to-know money news

April 29, 2016 By Liz Weston

Wills-in-TexasToday’s top story: Ranking the cheapest cars to insure. Also in the news: Why you need to have a will, the financial perks of downsizing, and how much money you need to save monthly to reach your retirement goal.

Ranking the Cheapest Cars to Insure
Being a smart shopper.

Prince Had No Will, Reports Say — But You Should
Don’t let the government inherit your estate.

The Financial Perks of Downsizing
Going small can mean a bigger bank balance.

This Retirement Calculator Tells You How Much to Save Monthly to Reach Your Goal
How close are you?

Filed Under: Liz's Blog Tagged With: auto insurance, cars, downsizing, Estate Planning, Retirement, retirement savings, wills

Thursday’s need-to-know money news

April 28, 2016 By Liz Weston

estate planningToday’s top story: How $250 can keep families off welfare. Also in the news:A new tool to manage your student loans, what Prince can teach you about personal finance, and how to declutter after tax season.

$250 Can Keep Families Off Welfare, Study Finds
Even a small savings can have a big impact.

White House Releases New Tool to Help You Manage Your Student Loans
Finding the best repayment options.

What Prince Can Teach You About Personal Finance
A legend in music, not so great at estate planning.

With taxes done, now it’s time to shovel papers, declutter
Fire up the shredder.

Filed Under: Liz's Blog Tagged With: emergency fund, Estate Planning, paperwork, Prince, Savings, Student Loans, Taxes

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