Dear Liz: I recently opened an account at a bank that boasted “multi-factor authentication,” but I looked into the claim and it turns out the bank is using passwords plus answers to security questions, such as the name of your first pet, as the “multi-factor authentication.” I expect you know that the real multi-factors are […]
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Friday’s need-to-know money news
Today’s top story: How to buy your kid a good credit score. Also in the news: What keeps us awake at night, what low-income families lose by not having bank accounts, and finance lessons Baby Boomers could learn from Millennials. How to Buy Your Kid a Good Credit Score for $200 Starting them off on […]
Thursday’s need-to-know money news
Today’s top story: How to save for 2017 and 2057 at the same time. Also in the news: What new prepaid debit card rules mean for you, life insurance strategies for families with special needs children, and the high cost of using an ATM. How to Save for 2017 and 2057 at the Same Time […]
Wednesday’s need-to-know money news
Today’s top story: How to tell if your 401(k) is a dud. Also in the news: How to find unclaimed property, great tax deductions for retirees, and how to sneak more savings into your budget. How To Tell If Your 401(k) Is a Dud Reviving your retirement fund. Are You Owed Money From a Forgotten […]
Tuesday’s need-to-know money news
Today’s top story: How to decide if credit counseling is right for you. Also in the news: Robots and your bank account, why insurers and banks want to know your job title, and three ways to help your kid pick the right college. When Credit Counseling Is (and Isn’t) a Good Idea How to decide […]
Borrowing your way out of debt
Many people who take out loans to pay off credit cards and other obligations wind up worse off, with more debt and more stress than before they applied. Some people, though, successfully use debt consolidation loans to turn a bad financial situation around. In my latest for the Associated Press, a look at debt consolidation […]