This week’s money news

This week’s top story: Smart Money podcast on how COVID-19 changed our finances — and our advice. In other news: Ride out fed rate hikes at a credit union, tax tips for crowdfunding, and credit or debit card for kids.

Smart Money Podcast: How COVID-19 Changed Our Finances — and Our Advice
This week’s episode features a roundtable discussion of Nerds reflecting on the financial impact of the COVID-19 pandemic.

Ride Out Fed Rate Hikes at a Credit Union
Credit unions return profits to their members through low fees, better rates on loans and higher rates on savings.

Are GoFundMe Donations Taxable? Tax Tips for Crowdfunding
If you set up a GoFundMe or another crowdfunded campaign in 2022, the money you earned could be considered a nontaxable gift — if you were mindful of the rules.

Credit or Debit Card For Kids: Which Is Best?
Choosing to give a child a credit or debit card depends on age, maturity and the goals for the child.

This week’s money news

This week’s top story: Smart Money podcast on what we learned about our money in 2022. In other news: Holiday travel chaos is coming and how to handle it, why 2023 could be a bit better for home buyers, and benefit from fed rate hikes with a high-yield savings account.

Smart Money Podcast: What We Learned About Our Money in 2022
In this week’s episode, Sean and Liz hear from listeners about the best thing that happened to them this year, what they struggled with and what they are most looking forward to in the new year.

Holiday Travel Chaos is Coming: How to Handle It
From packing light to skipping the lines, here’s how to navigate the busiest holiday travel season in years.

For Home Buyers, 2022 Was Brutal. Why ’23 Could Be a Bit Better.
After enduring three difficult years from 2020 through 2022, home buyers might find a slightly more hospitable housing market in 2023.

Benefit From Fed Rate Hikes With a High-Yield Savings Account
The recent federal rate increases have been great for savers with high-yield savings accounts. It is not too late to take advantage.