Today’s top story: How transferring a credit card balance could affect your credit score. Also in the news: How helicopter parents can damage their child’s financial future, what grandparents can do to help their grandchildren grow financially, and why planning on working through retirement could be a disaster. Will Transferring a Credit Card Balance Hurt […]
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Wednesday’s need-to-know money news
Today’s top story: There’s a new proposal in Congress to raise Social Security benefits. Also in the news: Money moves to make before the end of the year, why Millennial credit scores are on the low side, and the complete guide to refinancing your student loans. Congress Considers New Proposal To Raise Social Security Benefits […]
Tuesday’s need-to-know money news
Today’s top story: How to stay safe while shopping for Labor Day bargains. Also in the news: Trusting apps that access your credit card, how to clear your ChexSystems record, and financial planning tips for college students. Labor Day Deals: How to Stay Safe While Shopping Online Don’t get taken for a ride while bargain […]
Q&A: Best way to pay for college
Dear Liz: We have two children in college, both entering their junior years. We have two more in high school. The two currently in college need additional financial assistance, as they’ve tapped out their federal student loans. We are middle class, grossing about $125,000 a year, so we don’t qualify for much financial aid. We’re […]
Q&A: Understanding Social Security survivor benefits
Dear Liz: I need a clarification because I’m getting conflicting answers from Social Security. I know if you start Social Security benefits early, you get them at a reduced rate. When your spouse dies, is your survivor benefit reduced as well? My friend’s mother never worked, but started collecting spousal benefits at 62. Does she […]
Monday’s need-to-know money news
Today’s top story: Mistakes that can demolish your credit score. Also in the news: Does giving your kid an allowance make them better with money, how to maintain financial security during retirement, and how much you’ll save with a CD Ladder vs a single CD. 7 Mistakes That Can Demolish Your Credit Score How to […]