Friday’s need-to-know money news

Today’s top story: Can you have too much credit? Also in the news: How to safely move during a pandemic, what personal finance apps should be doing to better serve older people, and how to avoid paying a penalty if you missed the tax filing deadline.

Can You Have Too Much Credit?
Credit scoring formulas don’t punish people for having too many credit accounts, but too much debt can hurt scores.

How to Move Safely During a Pandemic
Keeping yourself and your stuff safe.

This is what personal finance apps should be doing to better serve older people
What a survey revealed about the apps.

How to Avoid Paying a Penalty If You Missed the Tax Filing Deadline
You could qualify for a first-time penalty abatement.

Friday’s need-to-know money news

Today’s top story: How to increase your chances of credit card approval. Also in the news: How to transition from work-at-home novice to pro, why the weak dollar is good for your investments, and why champagne sales have gone flat.

How to Increase Your Chances of Credit Card Approval
Boost your odds by focusing on your credit scores.

Transition From Work-at-Home Novice to Pro
A check-in can help you get productivity, health and balance dialed in for the long run.

Why the Weak Dollar Is Good for Your Investments
The pandemic and low interest rates have weakened the dollar.

Champagne sales flattened by social distancing amid global pandemic
Not much to celebrate.

Thursday’s need-to-know money news

Today’s top story: How to save on back-to-school shopping amid uncertainty. Also in the news: 5 things to know about gold’s record-breaking run, experts say new investors should quit stock-picking, and how this week’s fed meetings may impact your wallet.

Back-to-School Shopping in 2020: How to Save Amid Uncertainty
Whether your kids are learning in the classroom or living room, here’s how to save on back-to-school shopping.

5 Things to Know About Gold’s Record-Breaking Run
As COVID-19 concerns continue to rattle markets, investors are turning to one of the world’s oldest currencies.

New Investors: Quit Stock-Picking and Do This, Expert Says
Recent market turmoil has new investors chasing company stock picks

How This Week’s Fed Meetings May Impact Your Wallet
Expect interest rates to stay low.

Wednesday’s need-to-know money news

Today’s top story: Which airline has the most valuable elite status program. Also in the news: A look at summer homebuying, 25 tips for buying your first home, and how to automatically transfer your 401(k) money when you change jobs.

Which Airline Has the Most Valuable Elite Status Program?
The best perks and how to earn them.

Summer Homebuying: Tips for Pricey Homes and Pandemic Concerns
Know your market.

25 Tips for Buying Your First Home
How to avoid a money pit.

How to Automatically Transfer Your 401(k) Money When You Change Jobs
Introducing auto portability.

Tuesday’s need-to-know money news

Today’s top story: Options for undergrad, grad, veteran and international students when colleges say stay home. Also in the news: Which airlines have handled COVID-19 the best, is it OK to never have a credit card, and where to put your money when interest rates are falling.

When Colleges Say Stay Home: Options for Undergrad, Grad, Veteran and International Students
You can expect a decrease in costs.

Which Airlines Have Handled COVID-19 the Best?
Grades on flexible policies and health and safety measures.

Is it OK to never have a credit card?
Other ways to establish credit.

Where to Put Your Money When Interest Rates Are Falling
Consider an online savings account.

Monday’s need-to-know money news

Today’s top story: 5 reasons why people get personal loans and what financial advisers say about them. Also in the news: A new episode of the SmartMoney podcast on creating wealth, 5 secrets of car buying from a former undercover car salesman, and how to lower your tax bill with these last-minute moves.

5 reasons people get personal loans—and what financial advisers say about them
The pros and cons.

Smart Money Podcast: Taxes Are Due, and How to Get Started Creating Wealth
You can still create wealth in a pandemic.

5 Secrets of Car Buying, From a Former Undercover Car Salesman
Even the playing field.

Lower Your Tax Bill With These Last-Minute Moves
You still have time.

Wednesday’s need-to-know money news

Today’s top story: A bargain hunter’s guide to used car shopping. Also in the news: Unlock savings with these little-known credit card benefits, finding the outperformers in the stock market, and 7 hacks you need to survive tax season.

A Bargain Hunter’s Guide to Used Car Shopping
The key to success is knowing where to look.

Unlock Savings With These Little-Known Credit Card Benefits
You could have purchase protection.

Looking for Recession-Proof Stocks? Find the Outperformers
Some are tried and true.

7 hacks you need to survive tax season
These tips will help get you through in one piece.

Monday’s need-to-know money news

Today’s top story: 6 do’s and don’ts when saving money during a crisis. Also in the news: Cash accounts and apps to buddy up with your investments, a new episode of the SmartMoney podcast on preparing your money for a recession, and the relief period on your federally backed mortgage was just extended.

6 Do’s and Don’ts When Saving Money During a Crisis
Saving may be harder, but it’s worth it.

Cash Accounts and Apps to Buddy Up With Your Investments
Investing at your fingertips.

SmartMoney Podcast: Prepping Your Money for a Recession, What to Do with a $10,000 Inheritance
Preparing your money for the tough times ahead.

The Relief Period on Your Federally Backed Mortgage Just Got Extended
You now have until August 31st.

Thursday’s need-to-know money news

Today’s top story: 3 ways to skip your bank’s long phone lines. Also in the news: Keeping your credit in shape, even if you don’t have debt and don’t plan to borrow, 25 ways to save yourself from your debt disaster, and how to set up a 60/40 budget.

3 Ways to Skip Your Bank’s Long Phone Lines
When phone wait times are long, try to reach your bank via live chat, Twitter or message instead.

Keep your credit in shape, even if you don’t have debt and don’t plan to borrow
Good credit is important year-round.

25 Ways To Save Yourself From Your Debt Disaster
Climbing out of the debt hole.

How to Set Up a 60/40 Budget
Focus on two buckets.