Today’s top story: How to save without using your savings account. Also in the news: Why you should have a separate bank account for your side jobs, the bad side to inactive credit, and how much it really costs to own a dog. 4 Ways to Save Without Your Savings Account Under the mattress doesn’t […]
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Wednesday’s need-to-know money news
Today’s top story: Finding your college savings “magic number.” Also in the news: What to do when your bank isn’t measuring up, what to buy (and skip) over Labor Day weekend, and how teachers are bringing financial literacy into classrooms. Finding Your ‘Magic Number’ for College Savings Coming up with a reasonable estimate. Bank Not […]
Tuesday’s need-to-know money news
Today’s top story: Life insurance questions you’re too embarrassed to ask. Also in the news: what to do with an IRA when you leave a job, when a debt collector calls to collect money you don’t owe, and the profitable business of lending to subprime borrowers. 5 Life Insurance Questions You’re Too Embarrassed to Ask […]
Monday’s need-to- know money news
Today’s top story: What happens to your mortgage when you die? Also in the news: 3 things more important than a bank’s savings rate, 5 times when you shouldn’t use a credit card, and how to curb your impulse spending. What Happens to Your Mortgage When You Die? Who will continue the payments? 3 Things […]
Secrets of next-door millionaires
The way most Americans build wealth is no secret: Save, invest, repeat. How average people keep their wealth, though, gets a lot less attention. It boils down to how they handle risk. It’s hard to accumulate wealth without taking some risks, but there are perils that “next-door millionaires” seem to avoid. Next-door millionaires weren’t born […]
Q&A: Getting a new mortgage after a foreclosure
Dear Liz: Is it true that we can’t refinance our home until seven years after a foreclosure? We lost a rental property six years ago. Our credit scores now are in the 740 range, and we are anxious to take advantage of lower rates since our mortgage rate is 5.75%. Other than the foreclosure, our […]