Get smart with your money
Today’s top story: How to cash in on short-term rentals like Airbnb. Also in the news: How to get your business out of debt in five steps, and how to make to make the most of your summer vacation.
How to Cash In on Short-Term Rentals Like Airbnb, VRBO
Generating extra income with your extra bedroom.
How to Get Your Business Out of Debt in 5 Steps
Taking the first step.
How to Make the Most of Your Summer Job
Put aside some cash.
Today’s top story: What to do when you get an IRS audit notice. Also in the news: Budgeting for new parents, where to sell your stuff online, and how your credit score is linked to your chance of divorce.
I Got an Audit Notice From the IRS — Now What?
Take a deep breath.
Budgeting for New Parents: From Day Care to College
In it for the long haul.
Where to Sell Your Stuff Online
Getting rid of what you don’t need.
Your Credit Score Is Linked To Your Chance of Divorce
What the two have in common.
Today’s top story: Goofed on your tax returns? Here’s what to do. Also in the news: 5 awful reasons to buy a stock, what newlyweds need to know about insurance, and does free shipping make you spend more money.
Goofed on Your Tax Return? Here’s What to Do
Don’t panic.
5 Awful Reasons to Buy a Stock
Be cautious when buying.
What Newlyweds Need to Know About Insurance
Changes you need to make.
Does Free Shipping Make You Spend More Money?
When free shipping gets costly.
Dear Liz: Do I understand correctly that I must live in a house for two years before selling it to avoid paying capital gains tax, regardless of how much I may profit from the sale?
Answer: You do not. You must live in a home for two of the previous five years to exempt up to $250,000 of home sale profits. (Married couples can exempt up to $500,000.) After that, you’ll pay capital gains taxes on any remaining profit.
Even if you didn’t last the full two years, you may be able to claim a partial exemption if you meet certain criteria, such as having a change in employment, a health condition or other “unforeseen circumstance” that required you to move out.
Today’s top story: Trump’s Tax Plan: Big Changes, Big Unknowns. Also in the news: Savings lessons from retirees for millennials, how to teach your kids about money when you’re a financial disaster, and why 40% of Americans spend up to half of their income servicing debt.
Trump’s Tax Plan: Big Changes, Big Unknowns
What we know so far.
Millennials, Take This Savings Lesson From Retirees
Retiree wisdom.
How to Teach Your Kids About Money When You Are a Financial Disaster Yourself
Learning from your mistakes.
40% of Americans spend up to half of their income servicing debt
Discretionary spending is a big part of the problem.
Today’s top story: 3 questions to answer before taking out student loans. Also in the news: Debt collection goes high-tech, 7 alternative ways to pay your taxes, and credit card rental insurance doesn’t cover as much as you think.
3 Questions to Answer Before Taking Out Student Loans
Important things to consider.
From Stone Age to Drone Age: Debt Collection Goes High-Tech
Send in the drones!
7 Alternative Ways to Pay Your Taxes
Thinking outside the box.
Credit Card Car Rental Insurance Doesn’t Cover as Much as You Think
Reading the fine print.