Tuesday’s need-to-know money news

Today’s top story: Five credit card benefits you probably have but don’t know about. Also in the news: A bargain hunter’s guide to used car shopping, Millennials share their top financial regrets, and where to find free tax filing options.

Five credit card benefits you probably have but don’t know about
Don’t leave money on the table.

A Bargain Hunter’s Guide to Used Car Shopping
Avoiding the lemons.

‘I wasted so much money …’ Millennials share their top financial regrets to help Gen Z get started
Avocado toast isn’t one of them.

Get All Your Free Tax Filing Options Right Here
The delayed filing deadline is fast approaching.

When parents are the emergency fund

Financial fallout from the pandemic is hitting millennials hard — and many will soon turn to their parents for help, if they haven’t already.

Before parents ride to the rescue, financial planners urge them to map out a strategy that doesn’t just plug a short-term need but also makes sense in the long run.

“Often the heartstrings will get pulled — ‘I really have to help them!’— but it can be detrimental to the parent,” says certified financial planner Jeffrey L. Corliss of Westport, Connecticut.

In my latest for the Associated Press, why parents must be cautious when rescuing their children financially.

Tuesday’s need-to-know money news

Today’s top story: Employers who chip in on your student loans. Also in the news: Six unexpected things you can find on sale on Black Friday, how to sign up for ACA health insurance for 2020, and spending tips for millennials can help anyone who would like to survive the holidays without debt.

These Employers Chip in on Your Student Loans
One of the best perks.

Six unexpected things you can find on sale on Black Friday
Look for travel deals.

How to Sign Up for ACA Health Insurance for 2020
It’s open enrollment time.

Spending tips for millennials can help anyone who would like to survive the holidays without debt
Win the holidays without going broke.

Tuesday’s need-to-know money news

Today’s top story: How one family paid off $130,000 of debt in less than four years. Also in the news: The pros and cons of cash-out refinancing, the sneaky ways burnout hurts your bottom line, and how to not let your vet bill dog you forever.

How I Ditched Debt: Little Splurges on the Path to Freedom
One family’s story of paying off $130,000 in less than four years.

Cash-Out Refinance Pros and Cons
A good way to pay for home improvements.

Sneaky Ways Burnout Hurts Your Bottom Line
Millennials are struggling.

Don’t Let Your Vet Bill Dog You Forever
Taking care of your best pal.

Monday’s need-to-know money news

Today’s top story: SmartMoney podcast on how to pay off debt faster. Also in the news: What to expect when requesting a credit limit increase, why you should always pay in local currency when traveling, and 10 money mistakes millennials should avoid.

SmartMoney podcast: ‘How Can I Pay Off My Debt Faster?’
Tips from the experts.

Requesting a Credit Limit Increase? Here’s What to Expect
Question and answerr

Why You Should Always Pay in Local Currency When Traveling
Avoid markups and fees.

10 Money Mistakes Millennials Should Avoid (No. 10’s a Shocker)
These mistakes could come back to haunt you.

Tuesday’s need-to-know money news

Today’s top story: What to buy (and skip) in September. Also in the news: Why streaming services are the new credit card rewards binge, hard-won tips from borrowers who got student loan forgiveness, and why podcasts can actually push people to start saving for retirement.

What to Buy (and Skip) in September
September is the month of big sales.

Why Streaming Services Are the New Credit Card Rewards Binge
Millennial-friendly reward categories.

Hard-Won Tips From Borrowers Who Got Student Loan Forgiveness
You’ll need lots of patience.

Why podcasts can actually push people to start saving for retirement
Catch up on your retirement planning while driving to work.

Monday’s need-to-know money news

Today’s top story: How student loan fees work and what they cost. Also in the news: Making renting work for your financial goals, what millennials get wrong about Social Security, and does the new Apple credit card live up to the hype?

How Student Loan Fees Work and What They Cost
Origination fees can be costly.

Make Renting Work for Your Financial Goals
It could help you buy your dream home down the line.

What Millennials Get Wrong About Social Security
Time for some mythbusting.

Does the new Apple Card live up to all the hype?
Reviews are mixed.

Friday’s need-to-know money news

Today’s top story: Make renting work for your financial goals. Also in the news: Why this investment account is becoming more popular, what millennials get wrong about Social Security, and the common money regimen that can backfire and leave you worse off.

Make Renting Work for Your Financial Goals
Rent reporting can boost your credit score.

Why This Investment Account Is Becoming More Popular
Revisiting the brokerage account.

What Millennials Get Wrong About Social Security
Costly myths.

The common money regimen that can actually backfire and leave you worse off
When dieting doesn’t work.

Thursday’s need-to-know money news

Today’s top story: What millennials get wrong about Social Security. Also in the news: How to save more money for your next vacation, the best rewards credit cards for family travel, and why you should think of your finances in terms of what you’re not buying.

What Millennials Get Wrong About Social Security
The danger of believing the myths.

Save More Money for Your Next Vacation With This Simple Trick
Using a travel savings account.

Which Rewards Credit Cards Are Best for Family Travel?
The top picks.

Think About Your Finances in Terms of What You’re Not Buying
It could help to build longterm wealth.

What millennials get wrong about Social Security

Few issues unite millennials like the future of Social Security. Overwhelmingly, they’re convinced it doesn’t have one.

A recent Transamerica survey found that 80% of millennials, defined in the survey as people born between 1979 and 2000, worry that Social Security won’t be around when they need it. That’s not surprising — for years, they’ve heard that Social Security is about to “run out of money.”

The language doesn’t match the reality. In my latest for the Associated Press, why the myths surrounding Social Security could cause problems for millennials and their retirement.