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Monday’s need-to-know money news

November 28, 2016 By Liz Weston

Pile of Credit CardsToday’s top story: How to choose your second credit card. Also in the news: How home insurance can cover your holiday disasters, how Affordable Care Act plans could change in 2017, and how to calculate how long it’ll take you to get out of the debt.

How to Choose Your Second Credit Card
Finding a card that compliments your spending habits.

No Need to Pout: Home Insurance Can Cover That Holiday Disaster
Saving you from becoming The Grinch.

How Affordable Care Act Marketplace Insurance Plans Will Change in 2017
A new administration could bring big changes.

How Long It Will Take to Get Out of Debt, Depending on Your Monthly Payment
Calculating your escape date.

Filed Under: Liz's Blog Tagged With: affordable care act, Credit Cards, debt, debt calculator, health insurance, home insurance

Monday’s need-to-know money news

November 7, 2016 By Liz Weston

stack-of-billsToday’s top story: Why minimum payments on credit cards are designed to keep you in debt. Also in the news: Retirement planning rules Millennials can break, how to choose the right health insurance plan “metal tier,” and why it’s so hard to stick to a budget.

Credit Card Minimums: Perfectly Calibrated to Keep You in Debt
The card companies aren’t on your side.

4 Retirement Planning Rules Millennials Can Break
Or at least bend.

Choosing the Right Health Insurance Plan ‘Metal Tier’
Sadly, no rose gold.

Why Is It So Hard to Stick to a Budget?
Answering the age-old question.

Filed Under: Liz's Blog Tagged With: budgets, Credit Cards, debt, millennials, minimum payments, Retirement

Tuesday’s need-to-know money news

October 25, 2016 By Liz Weston

bills-smallToday’s top story: Why you should validate a debt before paying a collector. Also in the news: How to choose a Medicare Advantage plan, how and when to report tips for tax purposes, and how people survived their financial nightmares.

Validate Debt Before Paying a Collector, Avoid Costly Errors
Make sure the debt is legitimate.

How to Choose a Medicare Advantage Plan
Open enrollment continues through December 7th.

How and When to Report Tips for Tax Purposes
Deciphering the rules on tips.

Scary Money Moments: How 5 People Survived Their Financial Nightmares
Just in time for Halloween!

Filed Under: Liz's Blog Tagged With: debt, debt collectors, dect collection, financial nightmares, Medicare Advantage, open enrollment, Taxes, tips

Borrowing your way out of debt

October 4, 2016 By Liz Weston

how-are-debt-consolidation-loans-handledMany people who take out loans to pay off credit cards and other obligations wind up worse off, with more debt and more stress than before they applied. Some people, though, successfully use debt consolidation loans to turn a bad financial situation around.

In my latest for the Associated Press, a look at debt consolidation loans and how to keep yourself out of the debt trap.

Filed Under: Liz's Blog Tagged With: debt, debt consolidation loans

Friday’s need-to-know money news

September 23, 2016 By Liz Weston

o-CREDIT-REPORT-facebookToday’s top story: What you need to qualify for a credit card when you have bad credit. Also in the news: How to escape low-yield savings options, how one couple paid off $74,000 of debt in two years, and the building blocks that lead to smart money decisions.

What You Need to Qualify for a Credit Card for Bad Credit
Don’t fall for high fee offers.

How to Escape Low-Yield Bank Savings Options
How to get better returns without increased risk.

How One Couple Paid Off $74,000 in 2 Years
The success of the snowball method.

These Are the ‘Building Blocks’ That Lead to Smart Money Decisions
Teaching kids sound money practices.

Filed Under: Liz's Blog Tagged With: bad credit, Credit, Credit Cards, debt, kids and money, low-yield savings options, snowball method

Thursday’s need-to-know money news

September 22, 2016 By Liz Weston

Zemanta Related Posts ThumbnailToday’s top story: Key financial considerations when you live alone. Also in the news: Managing your money while you’re separated from your spouse, determining how much life insurance you really need, and a change in thinking that will help get you out of debt.

Key Financial Considerations When You Live Alone
Important considerations for your life.

3 Tips for Managing Your Money While Separated From Your Spouse
Keeping your finances in order during difficult times.

How Much Life Insurance Do You Really Need?
Keeping yourself protected.

The Shift in Mindset That Will Help You Get Out of Debt
A change in thinking.

Filed Under: Liz's Blog Tagged With: budgets, debt, life insurance, living alone, money and divorce, money and separation, Savings

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