A look at five interesting personal finance posts from other bloggers around the Web. This week: free college, financial checkup, Social Security myths, banking fees, and things you should never keep in your wallet.
[Bargaineering] College degrees can certainly make a profound impact on your life. In our recent story 10 Reasons Why Your College Degree Matters, you’ll see that employees working the same job can earn different salaries – varying by $1.4 million over a lifetime, in some cases – mainly because they hold different degrees. Needless to say, Bargaineering’s article caught our eye – particularly because of its promise of ways to get a college education for free. Pair free tuition with one of today’s most promising majors? Now that’s a strategy for lowering debt and boosting earning potential.
[MoneyNing] This article provides a useful checklist of points to consider when determining your financial health. What’s your net worth? Do you have adequate insurance coverage? Do you have and uphold spending priorities? Take an occasional snapshot of your financial situation to recognize what you’re doing right and where you need to improve.
[The Motley Fool] We recently covered 8 Social Security Myths Exposed, shedding light on issues such as when’s the best time to collect Social Security and whether the benefits are sufficient enough to live on alone. The Motley Fool, in its roundup of Social Security myths, touches on some additional topics, like the reassuring news that meeting Social Security’s future shortfall won’t be nearly as hard as many assume it will be. Read on for the truth behind common misconceptions.
[Consumerism Commentary] Banking fees have a way of catching you by surprise, which is why it helps to know which common fees and surcharges to look out for. Check out this article so you can be better equipped to dodge account inactivity fees, monthly maintenance charges, and even convenience fees for online payments.
[Money Crashers] Do you carry your Social Security card in your wallet? What about blank checks? Learn about the five items that are most likely to make you a victim of identity theft if your wallet is lost or stolen. It could take months or years to reverse the damage of identity theft, so following these simple precautions is a no-brainer.