Wednesday’s need-to-know money news

Today’s top story: Learning what identity thieves want you to do. Also in the news: Saving money as a wedding guest, market myths that can make you poorer, and how to manage your money emotions. 5 Things Identity Thieves Want You to Do How to do the opposite. Tips to Save Money as a Wedding […]

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How much will bankruptcy hurt your credit scores?

A reader whose credit scores have already been badly damaged by late payments and charge-offs had a question: How much more would her scores drop if she filed for bankruptcy? For years the creators of the leading FICO credit scoring formula were a bit vague about the answer, saying only that a bankruptcy filing is […]

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Tuesday’s need-to-know money news

Today’s top story: What to do when your 401(k) and IRA are maxed out. Also in the news: Comparing medical loans and credit cards, three essentials that could be missing from your retirement plan, and thirteen factors to consider when picking a place to retire. What to Do After Your 401(k) and IRA Are Maxed […]

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Monday’s need-to-know money news

Today’s top story: Maintaining good credit without carrying debt. Also in the news: Taking out the right amount of mortgage, how to keep your home cool for less, and what happens when your student loan co-signer dies. How to Maintain Good Credit Without Debt Can you build credit without going into debt? How Much Mortgage […]

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Q&A: How to correct social security errors

Dear Liz: I am 64. I recently reviewed my Social Security summary online and saw that it does not have an accurate listing of my income, so the projections of my benefits aren’t accurate either. How do I correct these errors? Answer: There are a number of ways the Social Security database could be wrong. […]

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Q&A: When to file bankruptcy

Dear Liz: I’m a 33-year-old mother who lost my full-time job during the recession in 2009. I may have my “stuff” together again, but am considering filing bankruptcy. Each month I’m spending almost half (yes half!) of my income on debt payments to credit cards, loans and medical bills. Each month after all my bills […]

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Thursday’s need to know money news

Today’s top story: How to celebrate the 4th of July while on a budget. Also in the news: Having a shred party, important financial moves for every decade, and declaring bankruptcy when you owe back taxes. 9 Cheap Ways to Celebrate July 4th Celebrating on a budget. Shred, White & Blue: Is There Really Freedom […]

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Notes from London

In Los Angeles, a 10 percent chance of rain in the forecast means it’s not going to rain. In London, a 10 percent chance of rain means it will rain 10 percent of the day. At least that’s my conclusion after our recent week tourizing that fine city. Each morning, we made sure to pack […]

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Wednesday’s need-to-know money news

Today’s top story: The increase in student loan interest rates. Also in the news: Safeguarding your retirement, making sure your finances are marriage ready, and protecting your identity while on vacation. Student Loan Rates Rise Today: Will You Be Paying More? Find out how much more you could be paying. How to Insure Your Retirement […]

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Tuesday’s need-to-know money news

Today’s top story: Five mid-year tax moves you should make right now. Also in the news: Why you should consider signing up later for social security, getting a late start on retirement savings, and why you should open a savings account. 5 Smart Mid-Year Tax Moves for Right Now Don’t wait until next year. Why […]

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