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Smart Money Podcast: Fighting Inflation and Risks of Small Mortgage Lenders

Smart Money Podcast: Fighting Inflation and Risks of Small Mortgage Lenders
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Haven t Filed Your Taxes Yet? Act Soon to Avoid Penalties

WKBT May 7, 2021 5:27 PM Alana Benson Posted: Updated: Getty Images It’s easy for taxes to get lost in the shuffle of life during a normal year. This past year, that shuffle was intensified by the stresses of a pandemic. Thankfully, the IRS extended the deadline for paying 2020 taxes from April 15 to May 17, so people have a bit of extra time to get their paperwork in order. But after that extended May 17 deadline, it will be business as usual: Late filings or payments could result in penalties and/or interest. Here’s what to expect if you’re running behind, and what you can do to mitigate the damage.

What to Do With Extra Money

KXLY April 26, 2021 12:23 PM Alana Benson Posted: Updated: Getty Images This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Despite the massive economic toll the coronavirus pandemic has wreaked on many people, others may have added some unexpected cash to their bank accounts. According to a Pew Research Center study, about 42% of Americans say they’ve been spending less money since the start of the pandemic. Decreased spending, tax refunds, relief checks and unused vacation funds may have given you a surplus of cash and a pending decision about what to do with it.

Smart Money Podcast: Cannabis Investing and Too Much Cash

KXLY April 19, 2021 9:00 AM Liz Weston Posted: Updated: NerdWallet Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about cannabis ETFs. While they may seem like an appealing investment, the industry’s volatility should give you pause. Then we pivot to this week’s question from Pete in Boston. He asks: “Is it possible to save too much cash? I am 53 years old. I am one of the fortunate ones that have not been financially impacted by the pandemic, and have actually been making a little more money due to a lot of overtime. I signed up for Personal Capital, and it is telling me that I have too much cash and that I should put that money to work for me. I’ve managed to max out my 401(k) this year and have been regularly contributing to a Roth. I have a savings account with my emergency fund, but also have a CD I got last year at a somewhat low interest rate. What should

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