During the holidays, many retailers try to entice you to sign up for their store credit card by promising additional deals and savings. So should you take the bait? To find out the answer to that question — plus tips on balancing medical bills and paying for school — check out the video clip below.
On Friday, January 6, I went on Nightly News with Brian Williams to talk about saving for retirement. We discussed why you need to check your monthly 401(k) statements, as well as how to downsize to save even more. To see our discussion, check out the video clip below.
This morning on Money 911, we heard from a woman who lost her job seven months ago and has borrowed from her children’s college accounts to get through the rough time. When she gets a new job, should she immediately replenish those accounts, or should she build an emergency savings and 401(k)? To see what we told her, plus tips on how to fund home-improvement projects, check out the video clip below:
This morning on Money 911, we heard from a viewer who just received a raise and wanted to know how to maximize these new funds. We told him that, if handled the right way, this money could help him become a millionaire by the time he retires. How is this possible? The answer is in the video clip below.
During the economic downturn, many companies reduced or eliminated their 401(k) match programs. Two years later, 401(k)s finally seem to be coming back strong. This means that it’s time to maximize your own 401(k) and take advantage of any new benefits that are being offered. In my latest New York Daily News column, I give you a rundown of some of these new benefits.
Can you afford to retire? The Wall Street Journal did a study and found that among people who are 60 to 64 years old, 40% still have mortgages. This is double the number from 15 years ago, and these mortgages are more expensive than 15 years ago, too. To hear more on the subject — plus for some tips on making retirement more affordable — check out the video clip below.
This morning on Money 911, we spoke to a woman whose portfolio is 60% stocks and 40% bonds — but she’s nervous about the market’s volatility. What did we tell her to do? For the answer to her question, plus advice on whether or not to opt out of a credit card rate increase, check out the video clip below.
Filing for bankruptcy can be a difficult thing: it provides a blank slate, but it can also be tough to start anew. This morning on Money 911, we talked about what you can do to rebuild after bankruptcy. We also addressed paying off law school loans vs. 401(k) contributions and how to overcome a bad credit report. To hear our tips, check out the video clip below:
This morning on Today‘s Money 911, we took questions from Twitter, where the main concern seemed to be about IRAs: What are the penalties for withdrawing from an IRA? Can you transfer funds from a 401(k) to an IRA? For the answers to these questions — plus whether or not you should consider purchasing a time-share — check out the video clip below.
Talking to your spouse or parents about money can be one of the hardest things to do. This morning on Today, I discussed how to start these conversations — and how to talk to your children about money, too. For these tips and more, check out the video clip below.