With monthly debit fees on the way, many consumers want to switch banks. But do you know where to begin? This morning on Today, I spoke with Natalie about the things you need to do to make the switch. To hear how to find a better bank, plus why you need to check your last four bank statements, check out the video clip below.
On Tuesday, President Obama announced a new plan to help ease the burden of student loans, vowing to use his executive power to expedite a program that will cap loan payments at 10% of a graduate’s income. This was a timely announcement, as two weeks ago the Federal Reserve Bank of New York reported that the amount of outstanding student loans in this country has reached the $100 billion mark. The numbers are frightening, to be sure, but the reality is that paying off your student debt doesn’t have to be quite so scary. In my latest New York Daily News column, I outline the simple steps you need to take to effectively pay off your loans.
Would you marry someone who is $700,000 in debt? That was the question du jour on Money 911 this morning. To see what we told the caller — plus tips on switching banks and avoiding fees — check out the video clip below.
Men’s Health magazine recently teamed up with ING Direct to survey more than 2,500 men to find out whether or not they’re fiscally fit. The survey revealed that many of the men polled did not have an emergency fund — in fact, they barely have one month’s living expenses stored away! Men’s Health editor Dave Zinczenko and I sat down with Kathie Lee and Hoda to talk about this problem, as well as how to get on a better savings track. To hear our tips, check out the video clip below.
For the first time ever, the outstanding balance of student loans in the U.S will reach $1 trillion this year. As tuition prices have soared, families are struggling to keep up — and are often taking on a higher debt load than they should. This morning on Today, I spoke with Savannah about the value of a college degree, and offered up some simple rules of thumb for borrowing. To see our conversation, check out the video clip below.
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.
If you think your health insurance premiums have been rising a lot, you’re not imagining things. A new study confirms that annual health care premiums have increased by 9% since last year, and workers are paying an average of $4,129 for family coverage. In my latest New York Daily News column, I tell you how you can reevaluate your coverage and even save some money.
This morning on Today‘s Money 911, we spoke to a woman whose daughter is working a part-time job, but it’s not enough to cover the cost of college. To see what we told her — as well as how to set a budget, pay off multiple credit cards and improve your credit score — check out the video clip below.
Do you know how to cut your cell phone bill, or the insider’s trick that can get you up to $1,000 off the price of a car? I spoke to the experts to bring you the best money savings tips — for all aspects of life. To see how to save on pets, the electricity bill and even the latest fashion, check out my latest piece in USA Weekend.