Save your money and keep your cool – Black Friday starts now

Tommy Tindall October is the new Black Friday. At least that’s the impression some retailers give. Target and Amazon are heading into the hot month with big discount events this week and the next in a row. Shoppers may find early sales a good way to do this Saving Money On gifts now. But don’t … Read more

3 steps to reduce the cost of your debt

Sarah Rathner Does the thought of dealing with your debt make you want to go back to bed? More than 1 in 5 Americans (22%) are likely to put off a debt repayment plan, according to June 2022 survey From NerdWallet made online by Harris Poll. That’s a lot of procrastination, and it’s no wonder … Read more

Can’t qualify for a personal loan? 4 alternatives to try

By ANNIE MILLERBERND from NerdWallet Personal loans provide fast, unsecured money that can pay off anything from home repairs to medical emergencies. Instead of asking for collateral like a house or a car, many prefer advanced lenders with strong credit and high incomes. But what if you do not meet the requirements of the lender? … Read more

Early Social Security Demands, Prepare for This Big Change in 2023

(Kylie Hagen) We’re only a few weeks away from figuring out what kind of a Cost of Living Adjustment (COLA) Social Security recipients can expect in 2023. While this is a pretty big deal, it’s not the only exciting change coming to the program next year. Workers who claim Social Security early may notice a … Read more

Opinion: Reverse mortgages are often misunderstood – they can provide seniors with a lifeline while markets plunge

If they own stocks or bonds, they may not want to sell with both markets crashing simultaneously. Or they may be completely out of options and their home is their only remaining valuable resource. That’s when it comes the turn of the mortgage to transfer the equity to the home. Most people think reverse mortgages, … Read more

Want to save $50,000? Raise your credit score

Getting a good deal on a loan or credit card largely depends on the credit score of the borrower. Certainly, this is no secret. What is surprising is the amount of money one can save by successfully boosting one’s credit score for the benefit of domain lenders. Make no mistake, the sooner you do it, … Read more

Fannie Mae has launched a pilot program to include on-time rental payments in credit reports. Why this might be a game changer for renters.

Tenants have long resented the failure of on-time rental payments to greatly affect their credit scores, as homeowners can reap the benefits of better credit by similarly billing their mortgages. However, this imbalanced reality is gradually beginning to shift in favor of the tenants. Fannie Mae FNMA, + 0.97%And the government backed mortgage giant, announced … Read more

Opinion: The Fed is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Fed can’t see the next potential economic meltdown because it’s still looking in the rear-view mirror, seeing nothing but High inflation. The risk arises because the CPI and PCE – the two most important measures of inflation – have a fatal flaw in the way they measure shelter costs. “ If you get your … Read more

Consider these smart strategies to lower your tax bill for 2022

Prathanchorruangsak | istock | Getty Images Tax withholding review First, you want to review how much money is withheld from your paycheck for federal taxes. Withholding too few taxes could result in a tax bill or a fine. If a lot of taxes are withheld, you can get your money back. You should check your … Read more

2023 will bring historic changes for retirees on Social Security

(Katie Brockman) Social Security can go a long way toward making retirement more affordable, but as inflation continues to rise, it is becoming increasingly difficult for fixed-income retirees to make ends meet. Fortunately, relief could be on the horizon. Next month, the Social Security Administration (SSA) will announce cost of living (COLA) for the year … Read more