Wednesday’s need-to-know money news

Today’s top story: What to do instead of worrying about the Fed’s latest interest hike. Also in the news: Why the Fed wants home buyers to face higher mortgage rates, staying off the beaten path for summer travel deals, and how college-bound grads could exit with nearly $40K in student loan debt.

Worrying About the Fed’s Latest Interest Hike? Do This Instead
Yes, the Fed just raised rates again. But take action rather than agonizing over what’s ahead for the economy.

Why the Fed Wants Home Buyers to Face Higher Mortgage Rates
The Federal Reserve yanked a short-term interest rate higher this week, making it more expensive to borrow money to buy a home or fix it up.

For Summer Travel Deals, Stay Off the Beaten Path
Summer vacationers should brace themselves for intense travel demand this season.

College-Bound Grads Could Exit With Nearly $40K in Student Loan Debt
College-bound high school graduates will amass thousands in debt. Many will share this debt with their parents.

Thursday’s need-to-know money news

Today’s top story: Small home fixes can have a big impact on safety. Also in the news: A new episode of the SmartMoney podcast on student loan debt, why you need to inspect the used car you bought sight unseen, and check whether your Toyota or Lexus is part of a massive recall.

Small Home Fixes Can Have a Big Impact on Safety
If it ain’t broke, maybe you should fix it anyway.

Smart Money Podcast: How We Got to $1.75 Trillion in Student Loan Debt
Learn the history behind the rising cost of college and how 43 million Americans landed with student loan debt.

Inspect That Used Car You Bought Sight Unseen

Check Whether Your Toyota or Lexus Is Part of This Massive Recall
More than 500,000 vehicles are thought to have a software error.

Tuesday’s need-to-know money news

Today’s top story: Crushing student loan debt prompts parents to consider postponing their retirement. Also in the news: Who should and shouldn’t consider using a personal loan to pay off holiday debt, the number one insurance claim filed by homeowners in the winter, and will employees be able to travel more this year?

Crushing student loan debt prompts parents to postpone their retirement
A federal program allows parents to borrow the full amount of a college education for their child, which could take decades to pay off.

Who should — and should not — consider using a personal loan to pay off holiday debt
How best to get a personal loan if it makes sense for you.

The number one insurance claims filed by homeowners in winter
If a winter weather disaster strikes would you know what to do?

Will you be able to travel more this year?
Working remotely from abroad is still a roll of the dice—should you do it, or just unplug?

Monday’s need-to-know money news

Today’s top story: 3 things to do before you buy crypto. Also in the news: A new episode of the Smart Money podcast on back to school shopping and breaking bad money habits, student debt is canceled for borrowers with disability, and 6 ways to make your business more agile.

3 Things to Do Before You Buy Crypto
All your friends are doing it. Should you invest in crypto, too? Take it slow and meet other money goals first.

Smart Money Podcast: School Supply Shopping and Breaking Bad Money Habits
How to save money when back-to-school shopping this year.

Student Debt Canceled for Borrowers With Disability; $10K Forgiveness Stalled

6 Ways to Make Your Business More Agile
Small businesses with agility can quickly pivot to survive disruptions and take advantage of opportunities.

Wednesday’s need-to-know money news

Today’s top story: How to handle college loan debt as an unemployed recent grad. Also in the news: Why you should sell your leased car instead of returning it, remote work visa opportunities, and why you should never pay an upfront fee for student loan debt relief.

How to Handle College Loan Debt as an Unemployed Recent Grad
Unemployed recent grads with student debt can apply for income-driven repayment or unemployment deferment.

Don’t Return Your Leased Car — Sell It
Rising used car values offer a chance to get out of a lease you can’t afford or even sell and pocket some cash.

Remote Work Visa Opportunities (and How to Get There on Points)
Looking to work remotely from somewhere new? These countries have developed special visas just for remote workers.

You Should Never Pay an Upfront Fee for Student Loan Debt Relief
Scams are rampant.

Monday’s need-to-know money news

Today’s top story: New lawyers frustrated, depressed by student loan debt. Also in the news: A new episode of the SmartMoney podcast on lower mortgage rates and moving during a pandemic, how to take a high-interest loan and skip the debt cycle, and why you’ve got more time to pay off federal student loans.

New Lawyers Frustrated, Depressed by Student Loan Debt
Student loan debt is affecting every aspect of their lives.

Smart Money Podcast: Lower Mortgage Rates, and Moving During a Pandemic
Rents are dropping.

How to Take a High-Interest Loan and Skip the Debt Cycle
Consider your bank as an option.

You’ve Got More Time to Pay Off Your Federal Student Loans
You now have until Dec. 31st.

Thursday’s need-to-know money news

Today’s top story: How to stock up wisely, emergency or not. Also in the news: Some rental owners could get an extra tax break this year, how to unlock the debtor’s prison of student loans, and the most important money move that women aren’t making.

How to Stock Up Wisely, Emergency or Not
No panic shopping.

Some Rental Owners Could Get an Extra Tax Break This Year
The new QBI.

Unlock the Debtor’s Prison of Student Loans
Looking for relief.

This is the most important money move that women aren’t making
It’s time to invest.

Monday’s need-to-know money news

Today’s top story: How to manage student loan debt without making it worse. Also in the news: How to get credit when you have none, why it may be time to stop itemizing your tax deductions, and the state most burdened by credit card debt.

How to Manage Student Loan Debt Without Making It Worse
Don’t let interest get out of hand.

How to Get Credit When You Have None
Starting from scratch.

It May Be Time to Stop Itemizing Your Tax Deductions
The standard deduction could be enough.

This state is the most burdened by credit-card debt
Is it yours?

Thursday’s need-to-know money news

Today’s top story: 5 tax tips for military members and veterans. Also in the news: How to save $500, how Black Friday prices stack up, and what student loan debt does to people.

5 Tax Tips for Military Members and Veterans
Tracking your expenses.

How to Save $500
Every bit helps.

How Do Black Friday Prices Stack Up?
Real savings or holiday hype?

What student loan debt does to people
It’s not pretty.

Monday’s need-to-know money news

Today’s top story: Millennial enthusiasm for stocks is at a record high. Also in the news: How to choose a financial advisor, why flood insurance comes with a waiting period, and how to survive college without surprise debt.

Millennial Enthusiasm for Stocks at Record High, Index Shows
Millennials play the market.

How to Choose a Financial Advisor
Making the wise choice.

Flood Insurance Comes With a Waiting Period
Don’t wait until the last minute.

How to graduate college without surprise debt
A most unpleasant surprise.