Today’s top story: 3 credit card alerts worth setting up now. Also in the news: Why you shouldn’t necessarily max out your 401(k), how your social media apps want to help you send money, and what you should know about cryptocurrency. 3 Credit Card Alerts Worth Setting Up Now Handling your cards more responsibly. You […]
Recent Blog Posts
Q&A: My 401(k) is making only 2-3%, so why not borrow from it and pay it back at 5%?
Dear Liz: You have warned in the past about the risks of a 401(k) loan. I have been investing now for 15 years, and the last 14 years, my average return has been between 2% and 3%. I am considered moderately aggressive in my choices of international (24%), large and small cap (52%), midcap (16%) […]
Q&A: Changing credit scoring formulas will help some — but not everyone
Dear Liz: I read that the credit bureaus have started deleting black marks from people’s credit reports. This is good news for me. I have never been late on a house payment in 30-plus years, but my credit is in the low 600s due to a loan I co-signed for an ex-girlfriend who has been […]
Thursday’s need-to-know money news
Today’s top story: 6 ways to optimize your credit card’s bonus mall. Also in the news: 5 tips for starting a business while working full time, 6 ways to get free money from the government, and the 10 most stolen cars and the cost of theft insurance. 6 Ways to Optimize Your Credit Card’s Bonus […]
Wednesday’s need-to-know money news
Today’s top story: Don’t get taken by government grant scams. Also in the news: When you should and shouldn’t tap your Roth IRA, using your credit cards to pay for child care, and a report that finds many American teens lack basic financial skills. Don’t Get Taken by Government Grant Scams The government doesn’t want […]
Make your teen a millionaire this summer
Gary Sidder set up Roth IRAs for his sons when they turned 13. Each year, the Littleton, Colorado, certified financial planner and his wife, Francie Steinzeig, a school psychologist, contributed an amount equal to whatever the two boys earned cutting lawns, shoveling snow and doing odd jobs. As the sons’ earnings increased, so did the […]