Wednesday’s need-to-know money news

Today’s top story: Mortgage trends for the rest of 2020. Also in the news: Why a credit card company can lower your limit, why you might not want to zero out every credit card, and how to know if your 401(k) fees are too high.

Mortgage Trends for the Rest of 2020
Lower rates but fewer homes.

Can a Credit Card Company Lower My Credit Limit?

Why you might not want to zero out every credit card
Why 1% is better than 0%.

How to Know if Your 401(k) Fees Are Too High
Start comparing costs.

Friday’s need-to-know money news

Today’s top story: Is it okay to never have a credit card? Also in the news: How to organize important documents simply and safely, can a credit card company lower your credit limit, and how to try and prevent your eviction.

Is It OK to Never Have a Credit Card?
Using credit cards responsibly is one way to build your credit history — but it’s not the only way.

How to Organize Important Documents Simply and Safely
What you should keep and for how long.

Can a Credit Card Company Lower My Credit Limit?
Cardholders are seeing an increase in reductions.

How to Try and Prevent Your Eviction
23 million renting families could lose their homes by September 30.

Wednesday’s need-to-know money news

Today’s top story: 4 ways to ride the rising interest rates wave. Also in the news: Why you should set your own credit card limits, reasons why credit isn’t as boring as it sounds, and more than 1 million student loan borrowers are in default.

Fed Rate Hike: 4 Ways to Ride Rising Interest Rate Wave
Only the third increase since the 2008 financial crisis.

Set Your Own Credit Card Limits and Improve Your Life
Knowing your limits.

3 Reasons Credit Isn’t as Boring as It Sounds
It’s about more than just cards.

More than 1 million borrowers defaulted on their student loans last year
The amount owed by borrowers has increased 17%.

Friday’s need-to-know money news

taxesToday’s top story: How to save money on your taxes by deducting work-related expenses. Also in the news: Learning about financial therapy, decreasing credit card limits, and financial advice for baby boomers.

How IRS Form 2106 Can Save You Money on Taxes
Deducting the work expenses your employer doesn’t cover.

What You Should Know About Financial Therapy
Getting to the deeper root of money issues.

The Average Credit Card Limit Is Dropping: What It Means for You
Lower limits across the board.

Five Easy Pieces of Financial Advice for Baby Boomers
Planning for the road ahead.

5 Reasons Every Boomer Should Stick to a Budget
More important now more than ever.