Jean Chatzky

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Jean's Blog

Today’s Money: How to switch banks

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.

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New York Daily News: Your student loan payback plan

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.

Money 911: Should you marry someone with a large debt load?

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.

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Today’s Money: Are men saving enough?

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.

 

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Today’s Money: The burden of student loan debt

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.

 

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Today’s Money: Will you have a mortgage when you retire?

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.

 

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New York Daily News: Giving company health insurance policies a look

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.

Money 911: Paying for college with grants

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.

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USA Weekend: Save money on (almost) everything

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.

New York Daily News: College savings tips you can use before your first semester

According to a recent study by finaid.org’s Mark Kantrowitz, less than 7% of students at for-profit colleges graduate with no debt. The cost per semester at these schools is nearing $37,000 per year.  It may seem impossible, but there are ways to save on higher education. In my latest  New York Daily News column, I give you some money-saving moves you can use before even entering your freshman dorm. Check it out.

 

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Not YOUR Parents' Money Book

I believe knowing how to manage our money is one of the most important life skills for adults - and even more important to pass on to our kids.

Money 911

A reference guide for money issues that has been carefully indexed so you can flip to the section you need and absorb the information.

Pay It Down

In this updated edition, I give you up-to-date strategies to help you get out of debt within three years.