Dear Liz: I’m 26 and make $45,000 per year. I currently have about $60,000 saved with no debt. Roughly half of my assets are in retirement accounts, and the other half are in non-retirement accounts. I strive to save 30% of my income (about 15% in pre-tax retirement accounts and 15% in taxable accounts). I […]
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Friday’s need-to-know money news
Today’s top story: How to find the most important information in your credit report. Also in the news: Financial scams that target seniors, questions for first time tax filers, and how to cut your tax bill with credit card deductions. 5 Things You Absolutely Need to Find in Your Credit Reports How to find the […]
Thursday’s need-to-know money news
Today’s top story: The comeback of the 529 plans. Also in the news: Who’s to blame for the TurboTax scam, how to pay off student debt, and the top cities for identity theft. 529 Plans Make a Money-Saving Comeback The college savings plan is back from the brink. Who’s to blame when fraudsters use TurboTax […]
Wednesday’s need-to-know money news
Today’s top story: How to manage your credit cards while traveling abroad. Also in the news: The biggest financial mistakes each generation makes, tax mistakes you need to avoid, and how to protect your bank account from being looted by cyber criminals. 5 Credit Card Tips for Traveling Abroad Don’t get hit with heavy fees. […]
Tuesday’s need-to-know money news
Today’s top story: How you may be accidentally wrecking your credit. Also in the news: What an unexpected windfall means for your taxes, the money moves you should make in March, and how to give your 401(k) a boost. 5 Ways You’re Accidentally Wrecking Your Credit Ignorance isn’t bliss. Received a Bunch of Cash? How […]
Monday’s need-to-know money news
Today’s top story: What you need to know before refinancing your mortgage. Also in the news: Signs you’re about to make a bad financial decision, how to detect a less than stellar 401(k) program, and how to limit your risk of tax identity theft. 4 Big Refinancing Questions Answered What you need to know before […]