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Recent Blog Posts

July 20, 2020 By Liz Weston

Monday’s need-to-know money news

Today’s top story: 6 credit card scams and how to avoid them. Also in the news: A new episode of the SmartMoney podcast on COVID impulse spending and building credit while paying off debt, how Black Friday shopping could look very different this year, and making a plan to repay your borrowed 401(k) money. 6 […]

July 20, 2020 By Liz Weston

Q&A: I get different credit scores from my bank and card companies. What gives?

Dear Liz: I have three financial providers that supply regular, free credit scores: my bank and two credit card issuers. My credit score from the bank is always a “perfect score” while the two card companies are consistently 17 points lower, both exactly the same for two years now. I always pay off most or […]

July 20, 2020 By Liz Weston

Q&A: Retirement accounts and taxes

Dear Liz: I am 41 and have had a traditional IRA for about two decades. I funded it for the first 10 years, taking a tax deduction for the contributions. Since I’ve had a 401(k) with my employer for the past several years, I obviously cannot take a deduction for the IRA amount, but I […]

July 17, 2020 By Liz Weston

Friday’s need-to-know money news

Today’s top story: Is it okay to never have a credit card? Also in the news: How to organize important documents simply and safely, can a credit card company lower your credit limit, and how to try and prevent your eviction. Is It OK to Never Have a Credit Card? Using credit cards responsibly is […]

July 16, 2020 By Liz Weston

Thursday’s need-to-know money news

Today’s top story: Probate workarounds can save your heirs time and money. Also in the news: Student loan refi rates keep dropping, which airline you should fly in 2020 (and beyond), and how to know if you should refinance your mortgage. Probate Workarounds Can Save Your Heirs Time and Money There are often workarounds to […]

July 15, 2020 By Liz Weston

Wednesday’s need-to-know money news

Today’s top story: Which airline has the most valuable elite status program. Also in the news: A look at summer homebuying, 25 tips for buying your first home, and how to automatically transfer your 401(k) money when you change jobs. Which Airline Has the Most Valuable Elite Status Program? The best perks and how to […]

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