Summer Travel Tip Will you soon be using a credit card outside the U.S.? Call the card issuer before your trip, and let your bank know the exact countries and territories you will be visiting. Otherwise, you may run the risk of having your card suspended on suspicion...
WEEKLY TIP Self-employed? Note that you can deduct 100% of your health insurance premiums (for yourself and your family) as an adjustment to gross income. Did any economist foresee payrolls expanding by just 38,000 jobs in May? The median forecast compiled by...
WEEKLY TIP Young adults who consider debt consolidation should weigh the pros and cons of the idea. Lower monthly payments might free up more cash for saving and investing. Extending a credit card balance for decades, though, may cost a borrower much more in the long...
WEEKLY TIP How large should an emergency fund be? Large enough to cover at least three months of expenses in cash. In fact, building your emergency fund to twice that size is a worthy goal. SOLID GAINS In CONSUMER SPENDING, CONFIDENCE Personal spending rose 0.4% in...
WEEKLY TIP Think twice about canceling an old whole life insurance policy. If it has sufficient value, you may be able to convert it to a term policy at no charge. HOW WEAK WAS FIRST-QUARTER GROWTH? Economists have reason to wonder given the latest retail sales,...
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