Tuesday’s need-to-know money news

Today’s top story: How to find the right business coach and avoid the wrong one. Also in the news: Why the 15/3 credit card hack is nonsense, how death-planning apps work, and the pros and cons of vacation loans.

How to Find the Right Business Coach — and Avoid the Wrong One
A good business coach can help you develop your ideas, set goals and make plans to achieve them.

The 15/3 Credit Card Hack Is Nonsense — Here’s What to Do Instead
The supposedly secret trick does not build your credit scores, despite what you may have heard. But there are some concrete steps you can take.

Dealing With Death? There’s an App for That
How death-planning apps work.

Should You Use a Vacation Loan to Finance Your Next Trip?
Although fairly easy to obtain, travel loans could cause more problems than they solve.

Friday’s need-to-know money news

Today’s top story: Dealing with death? There’s an app for that. Also in the news: 4 ways to save on family travel without stressing, how to avoid the latest cryptocurrency scam, and the only states that teach personal finance.

Dealing with death? There’s an app for that
Planning for death and navigating life after a loss can be difficult, complex and sometimes expensive.

4 Ways to Save on Family Travel Without Stressing
Save money by packing light, picking free activities and putting travel points to work.

How to avoid ‘rug pulls,’ the latest cryptocurrency scam
A new type of scam has emerged in the hype-filled world of cryptocurrency: the “rug pull.”

The Only States That Teach Personal Finance
While the list of states teaching financial literacy is growing, parents still need to teach kids the basics.

Dealing with death? There’s an app for that

Before the pandemic, entrepreneurs Liz Eddy and Alyssa Ruderman had trouble getting venture capitalists to invest in their end-of-life planning app Lantern. Potential business partners were skeptical as well.

“We would hear, ‘Oh, this is really a niche issue,’ which I think is pretty hilarious,” Eddy says. “Death is quite literally the only thing on the planet that affects every single person.”

The past two years have highlighted the importance of such preparation, even for younger people. Abigail Henson, a 31-year-old college professor in Phoenix, says she started using Lantern about 18 months ago to plan her funeral, tell her executor where to find her passwords and explain what she wanted to be done with her social media accounts.

“I’m a planner, and I have control issues, so the idea of being able to have a say in what happens following my passing was appealing,” Henson says.

Planning for death and navigating life after a loss can be difficult, complex and sometimes expensive. In my latest for the Associated Press, a look at several apps that promise to help.