Today’s top story: How much it costs to adopt a child. Also in the news: Why money is so confusing, and the true history of credit scores. How Much Does It Cost to Adopt a Child? The adoption process can be long and cost anywhere from less than $1,000 to more than $50,000. Why Is […]
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Wednesday’s need-to-know money news
Today’s top story: What everyone can learn from a traveler with a disability. Also in the news: Overlooked type of travel insurance that could be a lifesaver, and the USPS ‘Holiday Season’ just got longer and more expensive. What Everyone Can Learn From a Traveler With a Disability Sylvia Longmire writes about traveling with a […]
Tuesday’s need-to-know money news
Today’s top story: Why one teacher changed careers and gave up loan forgiveness. Also in the news: What the signs are that I need a new bank, how to make extra cash by renting out your car, and how to get 100% of your student loans forgiven through the borrower defense program. Why One Teacher […]
Why is money so confusing?
Managing money is an essential life skill, yet most U.S. adults would fail a financial literacy test. Consider the results of a survey meant to measure financial literacy, called the TIAA Institute-GFLEC Personal Finance Index. On average, U.S. adults correctly answered only 50% of its financial literacy questions in 2022. In other words: If you […]
Monday’s need-to-know money news
Today’s top story: How to check if your bank is greenwashing. In other news: Smart Money Podcast on how to manage medical debt and the meanings behind common real estate terms. Is Your Bank Greenwashing? Here’s How to Check Research the impact your bank has on the planet and any environmental claims or commitments it […]
Q&A: You need to satisfy this key requirement to get an IRS home sale tax exemption
Dear Liz: I was given a condominium, which I’m renting out while I live overseas, traveling from country to country. I understand that when I sell the condo, I can exclude up to $250,000 of home sale profits if the property is my “primary residence” for at least two of the last five years. But how […]