How to score a savings account bonus – and know when to skip it | Smart Change: Personal Finance

Margaret Burnett There are banks that want to give you more than $100 to open a new account. catch? You may need to make a minimum deposit. Or receive a deposit directly. Or keep your money in deposit for a certain period. or all of the above. For some customers, the requirements are well worth … Read more

What are the documents required to apply for a mortgage?

Lenders need to consider your income, assets, credit and debt before qualifying you for a mortgage. Be prepared to submit payment receipts, W-2s, tax returns, bank statements, and any other documents that prove you have the ability to repay the loan. Preparing your documents in advance can help the process run more smoothly. Download Something … Read more

How to Understand and Reduce Taxes When Selling Your Home Smart Change: Personal Finance

Liz Weston, CFP® The investment information on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, nor does it recommend or advise investors to buy or sell specific stocks, securities or other investments. Congratulations if your home has gone up in value. If you decide to sell, beware. Financial … Read more

Strategically trim your budget to fight high prices and rates | personal financing

Kimberly Palmer Consumers face price hikes almost everywhere, including on essentials like gas and food. At the same time, higher interest rates can lead to higher credit card payments for people with monthly debt. This double whammy of rising costs for both daily spending and debt translates into greater financial pressures on people’s budgets. Although … Read more

Americans Underestimate These Major Retirement Expenditures | Smart Change: Personal Finance

(Morri Bachmann) Many people retire on the assumption that their cost of living will magically decrease. It may happen to some extent. If you can make your home payments before retirement, you may not have a mortgage to deal with by the time your job in the workforce is over. Likewise, if you’re not commuting … Read more

5 financial planners on how to survive inflation

Welcome to Personal Finance Insider, a bi-monthly newsletter that connects you with the stories, strategies, and tips you need to be better with money. Alyssa Powell / Insider Here’s it: Financial planners gave us information on how to beat record inflation Like most Americans, I’ve been suffering from incredible poster shock in recent weeks. I … Read more