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Recent Blog Posts

May 20, 2014 By Liz Weston

Give a money-smart graduation gift

Cash is by far the most popular graduation gift. Among those who gave a grad gift, 56.7% gave cash and 32.1% offered gift cards, according to last year’s National Retail Federation survey. But what if you want to give something a little more creative, a little more personal, and something that will help your grad […]

May 20, 2014 By Liz Weston

Tuesday’s need-to-know money news

Today’s top story: Why your digital assets should be part of your estate planning. Also in the news: Three reasons to consolidate your 401(k) into an IRA, what the proposed AT&T/DirecTV deal means for you, and twelve things you should always try to negotiate. Estate Planning 101: Don’t Forget About Your Digital Assets Your social […]

May 18, 2014 By Liz Weston

Monday’s need-to-know money news

Today’s top story: Four things prospective homebuyers should never say. Also in the the news: Why cable a la cart could end up costing you more, five ways to save on gas this summer, and financially savvy gifts to get the grad in your life off to a good start. Will unbundling cable save you […]

May 18, 2014 By Liz Weston

Q&A: Paying off home loan with a windfall

Dear Liz: I’m 65 and my wife is 62. We recently sold a business for over $900,000 and will net somewhere between $550,000 and $600,000. Should we use the proceeds to pay off our mortgage? Our home is worth about $1.5 million with a mortgage of $390,000 at 3.586%. We contribute an extra $200 per […]

May 18, 2014 By Liz Weston

Q&A: How long do unpaid accounts and judgments remain on credit reports?

Dear Liz: My credit reports don’t show any of my old unpaid collection accounts. I also have one judgment that is not showing from 2005. My wife (who has perfect credit) and I are looking to apply for a mortgage. What will the lender find? I recently applied for a credit card to start rebuilding […]

May 16, 2014 By Liz Weston

Friday’s need-to-know money news

Today’s top story: How to pay off your student loans. Also in the news: Understanding your mutual fund fees, the pros and cons of prepaid debit cards, and timeless money tips for new graduates. The Wrong Ways to Get Rid of Your Student Loans Not paying them is not an option. A Guide to Understanding […]

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