Monday’s need-to-know money news

Today’s top story: What to do if Chime or other neobanks close your account. Also in the news: A new episode of the Smart Money podcast on fighting inflation and the risks of small mortgage lenders, 6 essential terms to understand in your homeowners policy, and what millennial parents want their kids to know about money.

What to Do if Chime or Other Neobanks Close Your Account
Customers are being left with no way to access their accounts.

Smart Money Podcast: Fighting Inflation and Risks of Small Mortgage Lenders
Learns the ins and outs of inflation.

6 Essential Terms to Understand in Your Homeowners Policy
Words like “endorsements” and “exclusions” don’t need to be confusing.

What Will You Teach Your Kids About Money?
The money lessons five millennial parents around the country want their children to learn

Tuesday’s need-to-know money news

Today’s top story: You could be getting more from your employer benefits. Also in the news: Paying attention when paying your bills, Medicare and mental health services, and 4 neobanks that show up for their communities.

You Could Be Getting More From Your Employer Benefits
Health insurance, paid leave and retirement should be the baseline, not the bar, for employer-provided benefits.

Don’t Just Pay Your Bills — Pay Attention
Spending in a more mindful way starts with tracking a month’s expenses and temporarily turning off autopay services.

Does Medicare Cover Mental Health Services?
Medicare does cover both inpatient and outpatient mental health care, but be aware of the limits.

4 Neobanks Show Up for Their Communities
Financial technology firms emerge to serve the needs of historically marginalized groups.