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bank failures

This week’s money news

March 27, 2023 By Liz Weston

This week’s top story: Smart Money podcast on banking stability, and traditional vs. online banks. In other news: how bank failures show us what not to do with our own finances, how doing the bare minimum with debt is costing you, and if being a landlord worth or not.

Smart Money Podcast: Is Banking Stable, and Traditional vs. Online Banks
This week’s episode starts with a recap of the banking crisis that started with Silicon Valley Bank.

Bank Failures Show Us What Not to Do With Our Own Finances
Money News & Moves: Remembering important money-managing lessons that some bank execs apparently forgot.

How Doing the Bare Minimum With Debt Is Costing You
Making set monthly payments is a start, but paying a bit more or seeking a lower interest rate will save you a lot.

Is Being a Landlord Worth It?
Renting out a property can be tempting, but it could be more trouble than it’s worth if you don’t have a safety net.

Filed Under: Liz's Blog Tagged With: bank failures, bare minimum with debt, money-managing lessons, renting out a property, Smart Money podcast, traditional vs online banks

This week’s money news

March 20, 2023 By Liz Weston

This week’s top story: Smart Money podcast on CDs and managing a life-changing windfall. In other news: How to minimize the impact to your business from a bank failure, how Silicon Valley Bank failed, and the hurdles on the road to Medicare coverage of cannabis.

Smart Money Podcast: Are CDs Worth It, and Managing a Life-Changing Windfall
This week’s episode starts with a discussion about certificates of deposit, or CDs.

Spooked by Bank Failures? Minimize the Impact to Your Business
Keep an emergency fund at a separate business bank to help insulate your company from a bank failure.

How Silicon Valley Bank Failed (and Why That Probably Won’t Happen to Your Bank)
Silicon Valley Bank failed after a series of events that aren’t likely to happen at your bank.

When Will Medicare Cover Medical Marijuana?
From regulatory to more practical issues, here are the hurdles on the road to Medicare coverage of cannabis.

Filed Under: Liz's Blog Tagged With: bank failures, CDs, certificate of deposit, emergency fund, marijuana, Medicare, Silicon Valley Bank failure

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