Thursday’s need-to-know money news

Today’s top story: Protecting yourself from debt collection scams. Also in the news: Building a small emergency fund while living paycheck to paycheck, how Millennials can save for retirement, and how to stop wasting your frequent flier miles. Spot Debt Collection Scams and Protect Your Money Defending yourself from scams. Saving $1,000 When You’re Living […]

Continue reading...

Wednesday’s need-to-know money news

Today’s top story: What it takes to succeed on a debt management plan. Also in the news: How to stash cash and still eat well in college, using price matching to save, and how to prepare your finances for a layoff. What It Takes to Succeed on a Debt Management Plan Staying on track. 5 […]

Continue reading...

Stop balancing your checkbook

Think about how difficult it was to clean a house 100 years ago, or make a phone call, or travel across the country. Tasks that were routine then — like, say, beating a rug to clean it — have all but disappeared. Likewise, technology has obliterated or automated a lot of the money tasks that […]

Continue reading...

Tuesday’s need-to-know money news

Today’s top story: What to know about credit counseling for bankruptcy. Also in the news: What to do when your ATM spits out counterfeit money, how your state department of insurance can be of assistance, and what to look out for when donating to Hurricane Matthew victims. What to Know About Credit Counseling for Bankruptcy […]

Continue reading...

Monday’s need-to-know money news

Today’s top story: Costly financial fees you might not know you’re paying. Also in the news: Why Millennials love auto leasing, ten smart money moves that take ten minutes or less, and why nearly 7 in 10 Americans have less than $1,000 in savings. Costly Financial Fees You Might Not Know You’re Paying A closer […]

Continue reading...

Q&A: How to build a cushion against all those pesky expenses

Dear Liz: We’re both retired and live on retirement checks. When expenses exceed our income, we draw from savings, but the balance is going down fast due to a new air conditioning unit, real estate taxes, etc. How do we put that money back and build a cushion in the checking account so our savings […]

Continue reading...

Q&A: Parents paying a child’s private student loans

Dear Liz: My husband and I are paying my youngest son’s private student loans. My husband is paying two loans and I’m paying three. I have plans to retire next year. Should I tell the lenders after I retire and give my loans to my son to take over? Answer: If these are private student […]

Continue reading...

Q&A: The insecurity of bank security questions

Dear Liz: I recently opened an account at a bank that boasted “multi-factor authentication,” but I looked into the claim and it turns out the bank is using passwords plus answers to security questions, such as the name of your first pet, as the “multi-factor authentication.” I expect you know that the real multi-factors are […]

Continue reading...

Friday’s need-to-know money news

Today’s top story: How to buy your kid a good credit score. Also in the news: What keeps us awake at night, what low-income families lose by not having bank accounts, and finance lessons Baby Boomers could learn from Millennials. How to Buy Your Kid a Good Credit Score for $200 Starting them off on […]

Continue reading...

Thursday’s need-to-know money news

Today’s top story: How to save for 2017 and 2057 at the same time. Also in the news: What new prepaid debit card rules mean for you, life insurance strategies for families with special needs children, and the high cost of using an ATM. How to Save for 2017 and 2057 at the Same Time […]

Continue reading...