Today’s top story: How mortgage life insurance works. Also in the news: The $184K mistake IRA savers could make, how to invest $200,000, and the pros and cons of booking through travel sites like Expedia. How Mortgage Life Insurance Works: Pros and Cons Deciding if it works for you. The $184K Mistake IRA Savers Could […]
Recent Blog Posts
Wednesday’s need-to-know money news
Today’s top story: 4 ways to ride the rising interest rates wave. Also in the news: Why you should set your own credit card limits, reasons why credit isn’t as boring as it sounds, and more than 1 million student loan borrowers are in default. Fed Rate Hike: 4 Ways to Ride Rising Interest Rate […]
Tuesday’s need-to-know money news
Today’s top story: When to consider a student loan lawyer. Also in the news: Why gutting the Consumer Financial Protection Bureau will impact your wallet, how much you should expect to pay when applying to college, and why you should try a credit union if you’re looking for free checking. When to Consider a Student […]
Tax refund predators are waiting
People who don’t have much money during the rest of the year can become big targets during tax refund season. For those living paycheck to paycheck, tax refunds — which average around $3,000 — may be the largest chunk of unobligated cash they see all year. Retailers hope to get some of that money, but […]
Monday’s need-to-know money news
Today’s top story: The No-Drama approach to personal finance. Also in the news: Hiking your savings rate, how to find the right credit card the right way, and why you should beware of mortgage companies offering to double your down payment. The No-Drama Approach to Personal Finance There’s no crying in personal finance. If the […]
Q&A: The give and take of federal gift tax rules
Dear Liz: We are planning to build an addition to our home so that my mom can move in with us and will take out a loan to pay for it. Let’s say that we put down $50,000 and take out a loan for the remaining cost of $150,000. After the addition is built, my […]