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Recent Blog Posts

May 4, 2016 By Liz Weston

Wednesday’s need-to-know money news

Today’s top story: Should you pay for credit repair? Also in the news: Tips on raising financially savvy kids, credit scores and dating, and why it might make sense to pay down debt slowly. Should You Pay for Credit Repair? The pros and cons. 11 Tips to Raise Financially Savvy Kids Starting them off right. […]

May 3, 2016 By Liz Weston

Is Saving Pointless?

Raise your hand if you’ve ever tried to build an emergency fund, then gave up after an unexpected expense drained away everything you managed to save. If that’s you, then you’re likely part of the 47% of Americans who recently told the Federal Reserve that they wouldn’t be able to pay an unexpected $400 expense […]

May 3, 2016 By Liz Weston

Tuesday’s need-to-know money news

Today’s top story: Clever strategies to fund your child’s college education. Also in the news: How to choose a qualified credit counselor, how the wage gap for women turns into a retirement gap, and how to protect yourself from ATM fraud. 3 Clever Strategies to Fund Your Child’s College Education Thinking outside the box. 3 […]

May 2, 2016 By Liz Weston

Monday’s need-to-know money news

Today’s top story: Smart things to do with your tax refund. Also in the news: New options for payday loan borrowers, how to build an emergency fund on a low income, and how to decide when to claim Social Security. Smart Things To Do With Your Tax Refund Putting your refund to good use. A […]

May 2, 2016 By Liz Weston

Q&A: Co-signing for a student loan backfires

Dear Liz: My wife and I both had excellent credit scores. Now mine are in the dump. I co-signed for a friend’s daughter’s school loan 10 years ago. I know now this was a bad mistake. I guaranteed $25,000. Now two things have happened: The daughter quit paying the loan and the friendship took a […]

May 2, 2016 By Liz Weston

Q&A: Questions for a financial advisor

Dear Liz: I have some investments at a financial investment firm. My advisor said that because I am 62, I can transfer money from my 401(k) at my job into my account with his firm. He says he can do better with the amount I currently have in the 401(k). Of course I will continue […]

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