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Wednesday’s need-to-know money news

August 17, 2016 By Liz Weston

Student-LoansToday’s top story: Avoiding a costly student loan mistake. Also in the news: How a marijuana DUI could raise your insurance rates, why the new “good” payday loans are still awful, and how to resell a canceled event or trip.

Don’t Make This Student Loan Mistake
It could be quite costly.

A Few Hundred Good Reasons to Avoid a Marijuana DUI
You could see a big insurance hike.

‘Good’ Payday Loans Still Very, Very Expensive
Don’t fall the “kinder and gentler” approach.

How to Resell a Canceled Event or Trip
Your money may not be a lost cause.

Filed Under: Liz's Blog Tagged With: auto insurance, marijuana DUI, payday loans, Student Loans, trip resale

Friday’s need-to-know money news

July 29, 2016 By Liz Weston

money-saving-militaryToday’s top story: Controlling your finances by ignoring short-term frenzies. Also in the news: A new definition of affordable auto insurance, how military members can save money while moving, and how to estimate the value of your travel rewards.

Control Your Finances by Ignoring the Short-Term Frenzy
Resist being reactionary.

What’s ‘Affordable’ Auto Insurance? Now There’s an Answer
Defining the parameters.

7 Ways Military Members Can Save Money When Moving
Making the costs more bearable.

A Rule of Thumb to Estimate the Value of Your Travel Rewards Miles
What are your miles worth?

Filed Under: Liz's Blog Tagged With: affordable auto insurance, auto insurance, frequent flier miles, military, moving expenses, tips, travel rewards

Friday’s need-to-know money news

June 10, 2016 By Liz Weston

bankruptcyToday’s top story: Dispelling bankruptcy myths. Also in the news: The dangers of credit card checks, the fine print of your car and home insurance, and why many Americans still struggle with credit.

5 Bankruptcy Myths Dispelled
Bankruptcy mythbusting.

Don’t Cash That Credit Card Check Until You Read This
Proceed with caution.

Is it covered? Check your car/home insurance IQ
Examining the fine print.

Many Americans Continue To Struggle With Credit
Access remains a problem.

Filed Under: Liz's Blog Tagged With: auto insurance, Bankruptcy, Credit, credit access, credit card checks, home insurance

Friday’s need-to-know money news

April 29, 2016 By Liz Weston

Wills-in-TexasToday’s top story: Ranking the cheapest cars to insure. Also in the news: Why you need to have a will, the financial perks of downsizing, and how much money you need to save monthly to reach your retirement goal.

Ranking the Cheapest Cars to Insure
Being a smart shopper.

Prince Had No Will, Reports Say — But You Should
Don’t let the government inherit your estate.

The Financial Perks of Downsizing
Going small can mean a bigger bank balance.

This Retirement Calculator Tells You How Much to Save Monthly to Reach Your Goal
How close are you?

Filed Under: Liz's Blog Tagged With: auto insurance, cars, downsizing, Estate Planning, Retirement, retirement savings, wills

Wonder Why You’re Broke? Look in the Driveway

February 17, 2016 By Liz Weston

Rockhead126's_1951_Mercury_CustomIf you’re struggling to make ends meet, your problem may not be too many lattes or dinners out. It may be sitting in your driveway.

Your monthly car payment is the tip of the iceberg.

Counting gas, registration and taxes, depreciation, tires, insurance and finance charges, Americans spend $8,700 a year on average — $725 a month — for the privilege of owning a typical midsize sedan, according to AAA, and more than $10,600 a year for an SUV. If you’re struggling with bad credit, the increased cost of financing and insurance will push those numbers even higher.

In my latest for NerdWallet, how to determine if you have too much car in your driveway.

Filed Under: Liz's Blog Tagged With: auto insurance, automobiles, Budgeting, cars, debt, personal finance

Tuesday’s need-to-know money news

December 15, 2015 By Liz Weston

Today’s top story: The pros and cons of e-gift cards. Also in the news: Why you’re likely to pay more for auto insurance in 2016, why couples should tackle estate planning now, and a guide to holiday tipping.

Are E-Gift Cards Safe? Here’s What to Know
Making holiday shopping easier.

Here’s Why Your Auto Insurance Will Likely Cost More Next Year
Get ready for higher rates.

5 Ways Couples Can Tackle Estate Planning Now
Don’t put it off.

How Big a Tip to Give for the Holidays
Who should get what.

Filed Under: Liz's Blog Tagged With: auto insurance, auto insurance rates, couples and money, e-gift cards, Estate Planning, holiday shopping, holiday tipping, tipping

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