Monday’s need-to-know money news

Today’s top story: How to save on your cellphone bill when moving. Also in the news: how to survive a job loss, why millennials aren’t in a rush to buy a home, and why you shouldn’t wait to tackle your debt. Moving? One Simple Change Could Save You Money on Your Cell Phone Bill in […]

Continue reading...

Q&A: Pros and cons of refinancing college loans

Dear Liz: We took out parent PLUS loans to finance our two sons’ college tuition at private universities. We’ve received solicitations from a private lender offering to refinance. What are the pros and cons of doing so? Answer: It rarely makes sense to replace federal student loans with private loans because the federal version comes […]

Continue reading...

Q&A: How to start saving

Dear Liz: I have credit card debt, federal student loans and a car loan. I’m trying to save for a house, but I also know I should save for retirement. How do I figure out what to tackle first? Answer: If you have a 401(k) with a match at work, take advantage of it first. […]

Continue reading...

Q&A: How long should you keep paperwork about an estate?

Dear Liz: My mother-in-law died 11 years ago and had money everywhere. Thus, I have five drawers full of paperwork. With the exception of the IRS documents, I would love to throw everything out (shredded, of course). How long do I need the paperwork? Answer: Two of the biggest risks to a settled estate are […]

Continue reading...

Friday’s need-to-know money news

Today’s top story: How to find a bankruptcy attorney. Also in the news: What consumers need to know about annuities, signs you need a new financial advisor, and what millennials should know about life insurance. How to Find a Bankruptcy Attorney Making the right selection. What Consumers Need to Know About Annuities Combining life insurance […]

Continue reading...

Thursday’s need-to-know money news

Today’s top story: The problem with how whole life insurance is sold. Also in the news: How to save money on your commute, debt snowball vs debt avalanche, and how to stop senior citizen financial scams. This Is What’s Wrong With How Whole Life Insurance Is Sold Don’t get talked into pricey policies. Save Money […]

Continue reading...

Wednesday’s need-to-know money news

Today’s top story: How to determine what your car payment should be. Also in the news: Itemizing vs. standard deductions, what to do with old electronics, and quirky ways to save money this summer. How to Decide What Your Car Payment Should Be Determining what you can afford. How to Decide on Itemizing vs. the […]

Continue reading...

Why You Still Can’t Trust Your Financial Advisor

If you haven’t already, expect to hear from your financial advisor soon about a great new investment opportunity for your IRA. The reason: There’s a loophole in a strict new rule that requires advisors to act in their clients’ best interests when counseling them about retirement funds. That loophole allows advisors to continue lining their […]

Continue reading...

Tuesday’s need-to-know money news

Today’s top story: NerdWallet dads share their personal finance tips. Also in the news: Why college grads need more education, how minimalism can help your wallet, and what the Fed meeting means for investors and home buyers. NerdWallet Dads Share Their Personal Finance Tips Learning from the dads. College grads are educated, but not in […]

Continue reading...

Monday’s need-to-know money news

Today’s top story: Time to give your financial goals a midyear checkup. Also in the news: The statute of limitations on debt, how to save on child care, and financial concepts to teach your teen. Give Your Financial Goals a Midyear Checkup Checking your progress. The Difference Between a Debt’s “Statute of Limitations” and Your […]

Continue reading...