Your Weekly Fisecal Vol 3

by | May 29, 2020

Happy Friday!

It’s time for the best personal finance articles of the week, hand-picked by us. Check them out below:

1. Before pulling money from your retirement account, ask yourself these 5 tough questions – MarketWatch

“In general, using long-term money to pay off short-term expenses is not wise money management. Retirement plans are long-term sources of money Plus, the resulting tax implications from your state and filing extra tax forms may discount much of any added benefit.”

2. Every woman should be her own chief financial officer – CNBC

“Empower yourself and take control of your finances. It’s never too early or too late to start.”

3. Credit card fraud surges as coronavirus hits jobs, economy – MSN Money

“Fraudsters are employing a range of strategies to steal credit card information. Some use random strings of card numbers until they find a real account to make fraudulent purchases, The Journal reported. Others use emails, texts, or phone calls to trick consumers into revealing their account information.”

4. Why you would — and why you wouldn’t — want to refinance your mortgage right now – Business Insider

“Taking advantage of near record-low interest rates is the No. 1 benefit. How that translates to a borrower depends on their individual financial situation.”

5. Life-changing event’ of COVID-19 could alter how we work, spend and retire – USA Today

“Long after the public health threat posed by the COVID-19 pandemic eases, the crisis could spur lasting changes in how Americans work, spend, save and invest, experts say.”

Bonus: A Touchdown Stay in the Goodyear Blimp on Airbnb – Airbnb


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