Dear Liz: Over the years, my husband and I have accumulated a number of credit cards. All have had a zero balance for years. I want to start canceling these cards, but I’m concerned that will hurt our great credit scores. How should I go about this, or should I? Answer: As you probably know, […]
Recent Blog Posts
Friday’s need-to-know money news
Today’s top story: One credit score factor to check twice during the holidays. Also in the news: How to give back without busting your budget, how not to get hustled in the holiday bustle, and the best apps for tracking your credit card rewards. One Credit Score Factor to Check Twice During the Holidays Utilizing […]
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 […]
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 […]
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 […]
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 […]