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Author: Matthew Frankel, CFP, The Motley Fool

Money

Taking out student loans? You need to know these 27 finance terms

July 22, 2019 Matthew Frankel, CFP, The Motley Fool Comments Off on Taking out student loans? You need to know these 27 finance terms

If you’re new to the student loan and financial aid process, the terminology can be confusing. Here’s a list of terms that borrowers should know.

Money

Should you keep your student credit card?

May 6, 2019 Matthew Frankel, CFP, The Motley Fool Comments Off on Should you keep your student credit card?

A student credit card may not be as good as some of the industry-leading products, but it could still be worth keeping.

News

Consolidating or refinancing your student loans isn’t always the best move. Here’s why

March 30, 2019 Matthew Frankel, CFP, The Motley Fool Comments Off on Consolidating or refinancing your student loans isn’t always the best move. Here’s why

Consolidating student loans has its advantages, but it isn’t the right move for everyone. Here’s why you might want to leave them alone.

Money

Are credit card chips safe? What you need to know about EMV transactions

March 29, 2019 Matthew Frankel, CFP, The Motley Fool Comments Off on Are credit card chips safe? What you need to know about EMV transactions

Credit card chips have made in-person transactions safer, but there are still some things you should know to prevent yourself from becoming a victim.

Money

Are credit card APR and interest rates the same thing? Not exactly.

March 22, 2019 Matthew Frankel, CFP, The Motley Fool Comments Off on Are credit card APR and interest rates the same thing? Not exactly.

Your credit card’s interest charges are determined by your APR, but what exactly does that mean? Here’s your primer.

Money

These 3 surprising hacks can seriously boost your credit score

March 17, 2019 Matthew Frankel, CFP, The Motley Fool Comments Off on These 3 surprising hacks can seriously boost your credit score

Good credit isn’t just about paying your bills on time and keeping your credit card balances low, and outside-the-box hacks can boost your FICO score.

Money

How to calculate what credit score you need to get a mortgage for a house

March 9, 2019 Matthew Frankel, CFP, The Motley Fool Comments Off on How to calculate what credit score you need to get a mortgage for a house

In order to get a mortgage, you need to be able to document your ability to pay it back, and lenders want to see a reasonably good credit history.

Money

Why don’t all retailers accept Visa, American Express, Discover, Mastercard credit cards?

March 1, 2019 Matthew Frankel, CFP, The Motley Fool Comments Off on Why don’t all retailers accept Visa, American Express, Discover, Mastercard credit cards?

There are two main reasons businesses might choose not to accept a particular type of credit card, or none at all:fees and partnerships.

Money

How much will I get from Social Security if I make $100,000? How to estimate benefits.

December 12, 2018 Matthew Frankel, CFP, The Motley Fool Comments Off on How much will I get from Social Security if I make $100,000? How to estimate benefits.

Here’s a look of how much retirement income you might be able to expect from Social Security once you’ve attained a six-figure salary.

News

Can I sell a losing stock, deduct the losses and then buy it back?

November 20, 2018 Matthew Frankel, CFP, The Motley Fool Comments Off on Can I sell a losing stock, deduct the losses and then buy it back?

The act of selling losing stocks in order to deduct the losses is known as tax-loss harvesting and can be a very smart way to reduce your tax bill.

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