WKBT
April 26, 2021 11:00 AM Liz Weston
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Updated:
NerdWallet
This week’s episode starts with a discussion
about air travel, including how you should think about purchasing flights and why you might want to temper your expectations for international travel.
Then we pivot to this week’s question from a listener who left us a voicemail about debt and credit reports: “My question is I have paid off a lot of my debt. I run my credit report every month, I have seen those paid-off collections but still it’s showing negative impact on my credit score. How long will that stay on my credit report even though those collections are being paid? Thank you.”
KXLY
April 19, 2021 6:00 AM Bev O Shea
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Updated:
Getty Images
Knowing enough about money to cover your bills is a start, but it’s not enough financial literacy to provide long-term security. Most of us eventually wonder what else we should be doing and whether what we don’t know could hurt us.
“When you have a blind spot, you don’t realize until something blindsides you,” says Mark DiGiovanni, a certified financial planner in Grayson, Georgia.
Identifying the gaps
Self-assessments, like this quiz adapted from the Financial Health Network, as well as personal finance books and websites can help shine a light on what you don’t know.
How to fill in your financial blind spots | News, Sports, Jobs dailypress.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypress.net Daily Mail and Mail on Sunday newspapers.
How to fill in your financial blind spots
BEV O SHEA of NerdWallet
April 14, 2021
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FILE - In this June 15, 2018 photo, twenty dollar bills are counted in North Andover, Mass. Nobody wants to pick up essential financial knowledge by making mistakes or finding out key information too late. A less painful way to enlightenment can come from self-help books, quizzes and personal finance websites. As soon as you have an income, it’s wise to get started on habits that lead to financial success.Elise Amendola/AP
Knowing enough about money to cover your bills is a start, but it’s not enough financial literacy to provide long-term security. Most of us eventually wonder what else we should be doing and whether what we don’t know could hurt us.
Bev O Shea Of Nerdwallet
FILE - In this June 15, 2018 photo, twenty dollar bills are counted in North Andover, Mass. Nobody wants to pick up essential financial knowledge by making mistakes or finding out key information too late. A less painful way to enlightenment can come from self-help books, quizzes and personal finance websites. As soon as you have an income, itâs wise to get started on habits that lead to financial success. (AP Photo/Elise Amendola, File) April 14, 2021 - 4:31 AM
Knowing enough about money to cover your bills is a start, but itâs not enough financial literacy to provide long-term security. Most of us eventually wonder what else we should be doing â and whether what we donât know could hurt us.