Today’s top story: What adding 100 points to your credit score means for your finances. Also in the news: How to finance your dream home improvement projects, how your boss can help you reduce your student loan repayment timeline, and why you should be treating your income like you do your investments. What Adding 100 […]
Recent Blog Posts
How Much Debt Is Too Much?
If you think the answer is simple, you may not understand the question. That’s often true in life, but particularly so when we’re talking about debt. Simplistic, one-size-fits-all answers actually suit relatively few real people. At one extreme are those who curse debt as a four-letter word and vow to avoid it entirely. At the […]
Wednesday’s need-to-know money news
Today’s top story: Why personal loans with no credit checks are a very bad idea. Also in the news: What business expenses are tax-deductible, free apps to track your spending, and when it makes sense to hire a tax preparer. Personal Loans With No Credit Check: A Very Bad Idea If it seems too good […]
Tuesday’s need-to-know money news
Today’s top story: What you need to look for in a tax professional. Also in the news: Banks made $11 billion dollars in overdraft fees in 2015, strategies for starting out with student debt, and how to balance saving for college and retirement. What to Look for in a Tax Professional Finding the right person […]
Monday’s need-to-know money news
Today’s top story: How to build an emergency fund. Also in the news: Social Security mistakes to avoid, the best way to save for a down payment on a home, and what happens when your 401(k) gets too big? How to Build an Emergency Fund Creating a financial buffer. Don’t Make These 3 Social Security […]
Q&A: Auto loan GAP coverage
Dear Liz: In 2012, I financed a 2008 Honda at my credit union. The car was priced at $16,500. With a trade-in, the loan came to $22,000. GAP coverage was factored into the loan payments, which were $464 a month. Last year, the car was wrecked and deemed a total loss by the insurance company. […]