If you want someone to stop asking you for money, the worst thing you can do is say no and then give in after persistent pleading. Such “intermittent reinforcement” — granting a reward after an unpredictable number of requests — makes it more likely the person will ask for another handout than if you just […]
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Monday’s need-to-know money news
Today’s top story: A car insurance quiz to see if you’re savvy or stumped. Also in the news: How to afford college as an older student, five ways car ads lie, and why habits that create good credit can still be a bad thing. Take This Car Insurance Quiz to See if You’re Savvy or […]
Q&A: The woes of this car-less worker can’t be fixed with junkers or leasing schemes
Dear Liz: My spouse and I are in Chapter 13 repayment bankruptcy and have a few more years to go. We’re obviously on a tight budget. My spouse has the reliable car, but I’ve already paid $1,500 cash each for two junkers and it’s caused major stress. I know we can petition the court and […]
Q&A: Starting Social Security benefits early will cost you
Dear Liz: I started getting Social Security at age 62. I would have only gotten $327 a month based on my work history, but they gave me $666 based on my husband’s work history. He gets $1,966 but your article said I should get half. Should I be receiving more? Answer: Probably not. Your spousal […]
Friday’s need-to-know money news
Today’s top story: Brace yourself for higher car insurance rates. Also in the news: 3 tax errors that could be hiding in your paycheck, how to make sense of your credit card number, and how other people’s weddings are preventing millennials from buying homes. Brace Yourself for Higher Car Insurance Rates Get ready to pay […]
Thursday’s need-to-know money news
Today’s top story: How to decide between investing or paying off your mortgage. Also in the news: Using payment apps in college, what you need to know about FHA mortgage insurance, and how to calculate how much an equity offer is worth in salary. Invest or Pay Off Your Mortgage? How to Decide Which is […]