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This week’s money news

January 22, 2024 By Liz Weston

This week’s top story: Congress delays shutdown again, extends funding to March. In other news: What to do about debt in retirement, 4 strategies for using side hustles to fund retirement savings, and ‘enormous’ savings for Americans by limiting overdraft fees.

Congress Delays Shutdown Again, Extends Funding to March
On Jan. 18, Congress approved yet another stopgap that will avoid a possible government shutdown until March.

What to Do About Debt in Retirement
From taking on side work to strategically downsizing, here are ways to help you tackle retirement debt.

4 Strategies for Using Side Hustles to Fund Retirement Savings
Side hustles can be used to pay for everyday expenses, but they can also help fund your retirement goals.

CFPB: ‘Enormous’ Savings for Americans by Limiting Overdraft Fees
With billions in revenue at stake, banks are lining up against the proposal.

 

Filed Under: Liz's Blog Tagged With: CFPB, debt in retirement, government shutdown, overdraft fees, retirement savings

This week’s money news

June 12, 2023 By Liz Weston

This week’s top story: Smart Money podcast on money scams, and renting credit card tradelines for cash. In other news: AI and hiring decisions,  June 2023 rent report, and CFPB warning that student loan borrowers will struggle with repayment.

Smart Money Podcast: Money Scams, and Renting Credit Card Tradelines for Cash
This week’s episode starts with a discussion about new scams, including Google Voice and AI scams.

AI Could Prevent Hiring Bias — Unless It Makes It Worse
Advocates say AI can eliminate human biases in hiring. Skeptics point out that AI tools are trained by … humans.

June Rent Report: Rent Growth Is Cooling, but Prices Remain High
The May data, released June 6, shows typical rent prices in the U.S. are now $2,048.

Student Loan Borrowers Will Struggle With Repayment, CFPB Warns
One in five borrowers could struggle when student loan payments resume later this summer.

Filed Under: Liz's Blog Tagged With: ai scams, CFPB, google voice scams, June 2023 rent report, money scams, renting credit card tradelines for cash, Smart Money podcast, student loan 2023

Monday’s need-to-know money news

May 21, 2018 By Liz Weston

Today’s top story: How to say no to co-signing – and yes to helping. Also in the news: How to rake in cash at your yard sale, fighting against auto loan bias, and 401(k) mistakes to stop making.

How to Say No to Co-Signing — and Yes to Helping
Protecting yourself while helping others.

Rake in Cash at Your Yard Sale
One person’s trash is another person’s treasure.

You Can Fight Auto Loan Bias, Despite Congress’ Reversal
You still have options.

Stop Making These 401(k) Mistakes
Stop hurting your retirement.

Filed Under: Liz's Blog Tagged With: 401(k) mistakes, auto loan bias, CFPB, co-signing, Retirement, tips, yard sales

Thursday’s need-to-know money news

May 10, 2018 By Liz Weston

Today’s top story: Does the CFPB still care about students? Also in the news: How to use your tax return to map out a better financial future, paring down the price of a move to a new state, and 6 strategies to get a divorce without going broke.

Does the CFPB Still Care About Students?
Borrowers could be losing protection.

Use Your Tax Return to Map Out a Better Financial Future
Using your tax refund strategically.

Pare Down the Price of a Move to a New State
Finding ways to cut costs.

6 strategies to get a divorce without going broke
How to avoid a big bill.

Filed Under: Liz's Blog Tagged With: CFPB, college students, Divorce, moving expenses, Student Loans, tax returns, tips

Wednesday’s need-to-know money news

July 12, 2017 By Liz Weston

Today’s top story: Suing banks will get easier – if CFPB rule survives. Also in the news: 2017 Driving in America report, 7 tips for preparing your taxes in a divorce, and why you need to stop beating yourself up over past money mistakes.

Suing Banks Will Get Easier — if CFPB Rule Survives
And that’s a big “if.”

2017 Driving in America Report: The Costs and Risks
A NerdWallet report.

7 Tips for Preparing Your Taxes in a Divorce
Don’t ignore Uncle Sam.

Why You Need to Stop Beating Yourself Up Over Past Money Mistakes
Stop dwelling.

Filed Under: Liz's Blog Tagged With: cars, CFPB, Consumer Financial Protection Bureau, Divorce, driving, money mistakes, Taxes

Thursday’s need-to-know money news

February 9, 2017 By Liz Weston

Today’s top story: 6 myths about IRAs you can’t afford to believe. Also in the news: New loan modifications from Fannie and Freddie, tax refund loans, and what the Consumer Financial Protection Bureau offers consumers.

6 Myths About IRAs You Can’t Afford to Believe
IRA mythbusting.

New Loan Modification From Fannie, Freddie: What to Know
Keeping your home out of foreclosure.

Tax Refund Loans Offer Fast Cash for Early Filers
But pay close attention to the fees.

What Is the CFPB and What Does It Offer Consumers?
And why it’s in danger.

Filed Under: Liz's Blog Tagged With: CFPB, Fannie, Freddie, IRA, mythbusting, tax refund loans

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