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Wednesday’s need-to-know money news

November 4, 2020 By Liz Weston

Today’s top story: Don’t skip these steps when borrowing parent student loans. Also in then news: How to build a home office without breaking the bank, medical student borrowing slows, and the easiest way to lower the interest rate on your credit card.

Don’t Skip These Steps When Borrowing Parent Student Loans
Assess your financial situation and talk openly with your child before borrowing parent student loans.

How to Build a Home Office Without Breaking the Bank
Decide where you’ll invest to make a home office that’s comfortable and productive, as well as affordable.

Med Student Borrowing Slows, but Debt Still an Issue
In the class of 2019, 73% of medical students took out loans; their median debt was $200,000.

The Easiest Way to Lower Your Credit Card Interest Rate
Get ready to spend some time on the phone.

Filed Under: Liz's Blog Tagged With: Credit Cards, home office, interest rates, medical student loans, parent student loans, tips

Thursday’s need-to-know money news

October 29, 2020 By Liz Weston

Today’s top story: How losing Obamacare could cost you. Also in the news: Understanding Medicare prescription drug plans, a new episode of the SmartMoney podcast on remote work burnout and saving for college, and the pros and cons of paying your student loans with a credit card.

How Losing Obamacare Could Cost You
If the Supreme Court tosses out the Affordable Care Act, it could dramatically affect your finances and choices.

Understanding Medicare Prescription Drug Plans
Medicare can help you pay for prescription drugs in two ways.

Smart Money Podcast: Remote Work Burnout and Saving for College
How to handle Zoom fatigue.

Can You Pay Your Student Loans With a Credit Card?
Yes. But should you?

Filed Under: Liz's Blog Tagged With: obamacare, remote work burnout, SmartMoney podcast, Student Loans, Supreme Court, tips

Friday’s need-to-know money news

October 16, 2020 By Liz Weston

Today’s top story: 3 strategies on how to invest in CDs. Also in the news: Using a crisis to build helpful money habits, ten theme parks celebrating Halloween, and how to sell your car safely.

How to Invest in CDs: 3 Strategies
CD ladders and CD barbells aim for higher rates over time; CD bullets focus on a future purchase.

You Can Use a Crisis to Build Helpful Money Habits
Hone your budget skills.

Is Halloween Canceled This Year? Not at These 10 Theme Parks
Disney World and other theme parks are still having spooky celebrations with some COVID-19 safety modifications.

How to Sell Your Car Safely
Protect yourself from scammers.

Filed Under: Liz's Blog Tagged With: CDs, Coronavirus, halloween, money habits, selling your car, theme parks, tips

Wednesday’s need-to-know money news

September 30, 2020 By Liz Weston

Today’s top story: How to pay for a home remodel without tapping your equity. Also in the news: U.S. unemployment shrinks, but recovery varies across race, sex, and age, how to avoid last-minute tax surprises when closing your business, and is COVID-specific travel insurance worth buying.

How to Pay for a Home Remodel Without Tapping Your Equity
Paying for a renovation equity-free can help you expedite the funding process and even start the project sooner.

U.S. Unemployment Shrinks, but Recovery Varies Across Race, Sex and Age
The recovery isn’t universal.

Thinking of closing your business? Avoid these last-minute tax surprises
Your state may also have requirements for dissolving your business, including canceling registrations and licenses.

Is COVID-Specific Travel Insurance Worth Buying?
What to consider before your next trip.

Filed Under: Liz's Blog Tagged With: business owners, COVID, home remodel, tax surprises, tips, travel insurance, unemployment

Monday’s need-to-know money news

August 31, 2020 By Liz Weston

Today’s top story: If doing less means saving more, try these 5 money moves. Also in the news: A new episode of the SmartMoney podcast on 401(k)s and struggling renters, how to diversify investing, and refinance your mortgage now to avoid a new fee.

If Doing Less Means Saving More, Try These 5 Money Moves
If the economic effects of the pandemic have cut your spending, you may have extra savings. Here’s what to do with them.

Smart Money Podcast: Renters Are Struggling, and What to Do With an Old 401(k)
Renters are

How to Diversify Investing in Stocks, Bonds and a Bit Beyond
Looking at alternative investments.

Refinance Your Mortgage Now to Avoid a New Fee
The new fee begins Dec. 1st.

Filed Under: Liz's Blog Tagged With: Investments, money moves, refinancing mortgages, renters, SmartMoney podcast, tips

Friday’s need-to-know money news

August 28, 2020 By Liz Weston

Today’s top story: The 2 costs that can make or break your nest egg. Also in the news: Buying stocks in a year of uncertainty, getting paid for family caregiving, and how people spent their stimulus checks.

The 2 Costs That Can Make or Break Your Nest Egg
Spending less on housing and transportation could help you save more for retirement.

In a Year of Uncertainty, Should You Still Buy Stocks?
Wading into the market.

Yes, It’s Possible to Get Paid for Family Caregiving
But there’s a lot to consider.

How People Spent Their Stimulus Checks – and What You Can Learn From Them
Use your stimulus check, or any extra money, to improve your financial situation during these uncertain times.

Filed Under: Liz's Blog Tagged With: caregiving, nest egg, retirement savings, stimulus check, Stocks, tips

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