Thursday’s need-to-know money news

Today’s top story: The pros and cons of airline credit cards. Also in the news: How to maximize your points and miles this holiday season, your car crash checklist, and how to maximize the tax benefits that come with medical expenses. Are Airline Credit Cards Worth It? The pros and cons. How to Maximize Your […]

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Wednesday’s need-to-know money news

Today’s top story: What to do when your first student loan payment is due. Also in the news: Van life reality check – 7 questions to shape your travels, why you should stop hoarding your credit card points and travel rewards, and how to spend less when you’re moving on short notice. What to Do […]

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Tuesday’s need-to-know money news

Today’s top story: ‘Perks’ don’t make the bank – rates do. Also in the news: 3 major ways credit cards have changed in the past decade, 5 money hacks hiding in your wallet, and the 6 worst ways to redeem your credit card rewards. ‘Perks’ Don’t Make the Bank — Rates Do Free ATMs aren’t […]

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It’s time to let go of shame over your debt

Many of us feel bad about our debt. Most of us probably shouldn’t. Three-quarters of U.S. households owe money, but the vast majority pay their bills on time and have debt loads that are reasonable given their incomes. But many people still report being embarrassed about owing money. In one study, nearly everyone with debt […]

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Monday’s need-to-know money news

Today’s top story: How young investors can prepare for the next recession. Also in the news: A new episode of SmartMoney podcast on family holiday travel, how to break free from your parents’ money patterns, and should you trust online shopping apps like Honey? Is a Recession Coming? How Young Investors Can Prepare Safeguarding your […]

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Q&A: Direct tuition payment pros, cons

Dear Liz: You recently answered a question from someone whose parents misused trust funds intended for their child’s education. I chose to pay the colleges directly each semester once my grandchildren enrolled rather than give money to the parents. I decided that was the only way I could be assured the money went for what […]

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Q&A: Don’t fall for these common Social Security misconceptions

Dear Liz: I decided to start taking Social Security benefits this summer when I turned 62. My monthly benefit is $1,809. My wife turned 62 at the end of last year and started her benefit of $841 a month. I just accepted an unexpected job offer that will pay me more than $130,000 a year. […]

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Tuesday’s need-to-know money news

Today’s top story: Amazon card emails were a mistake, not a hack, says issuer. Also in the news: 5 ways you’re shopping Cyber Monday all wrong, the next 4 weeks will deliver major discounts, and why you should warn your parents about gold and silver coin scams. Amazon Card Emails Were a Mistake, Not a […]

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Is it time to switch your college savings plan?

College savings plans are a great way to save for education. But not all college savings plans are great. Most state-sponsored 529 college savings plans, which allow you to invest in a tax-advantaged account for future education costs, have improved significantly in recent years, says Madeline Hume, analyst for multi-asset and alternative strategies at investment […]

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Monday’s need-to-know money news

Today’s top story: Wipe out credit card debt by setting SMART goals. Also in the news: What the Schwab-TD Ameritrade deal could mean for you, 5 financial tasks you should tackle by year-end, and how to get back on track after an early retirement withdrawal. Wipe Out Credit Card Debt by Setting SMART Goals Tackling […]

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