Tuesday, March 31, 2020

How to Optimize Chase Freedom, Discover it for Q2 2020

Because of COVID-19, household priorities and spending habits have changed dramatically. Dining out and travel are less frequent, while home-cooked meals and video streaming are in — but maximizing credit card points isn’t much of a priority. Learn More Still, this is a time when every dollar counts, and the Chase Freedom® and select Discover cards...



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Brex Card Debuts Work-From-Home Rewards

As businesses across the U.S. adapt their daily operations to follow stay-at-home orders in the midst of the COVID-19 pandemic, at least one business card issuer is adjusting its rewards program. Learn More On March 31, 2020, the corporate card startup Brex announced it would offer cardholders with the Brex Card for Startups the choice to opt...



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What to Buy (and Skip) in April

[Editor’s note: Due to the coronavirus pandemic in 2020, in-store shopping may not be feasible, and some of these items may not be available.] Take advantage of April’s discounts with our list of the top things you should buy — and a few you should avoid. Buy: Easter leftovers Easter falls on April 12 this...



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What to Do if You’re Laid Off Due to Coronavirus

More than 3 million Americans are suddenly unemployed as businesses lay off their workforce in massive numbers or shutter completely in the midst of the rapidly evolving coronavirus pandemic. Losing your job is stressful under normal circumstances, but alongside a global pandemic and predicted recession, things can seem especially bleak. Meanwhile, you still need to...



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Coronavirus Relief for Small Businesses and the Self-Employed

In the midst of a global coronavirus pandemic, many small businesses are under extreme pressure, forced to adopt new daily practices to keep customers and employees safe, or shuttered completely to control the spread of the virus. The Coronavirus Aid, Relief, and Economic Security Act details unemployment benefits, individual stimulus check amounts, retirement account withdrawals,...



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Free Ways to Protect Your Mental Health

Remember December 2019, approximately 40 years ago? It was a world where much of the country was focused on the holidays and new year, rather than toilet-paper supplies, a recession or the chance of loved ones getting infected by a dangerous virus. In the new reality of the COVID-19 pandemic, life doesn’t just feel more...



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What to Do When Your Coronavirus Stockpile Runs Low

You stocked up early, but now you’ve depleted your supplies. Or you bought just what you could find and it wasn’t enough to last. Whatever the case, your coronavirus stockpile is running low. But the pandemic and corresponding shopping frenzy are still ongoing. So what should you do now? We consulted experts to answer some...



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Nerds Share Their Best AmEx Travel Redemptions

Note: NerdWallet strongly discourages traveling in the near future while the coronavirus continues to spread. Check the CDC and State Department websites for current guidance and travel restrictions. Please use the content of this article only to help inform future travel plans. It’s no secret that American Express has one of the most flexible travel...



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34 Ways to Earn United MileagePlus Miles

Note: NerdWallet strongly discourages traveling in the near future while the coronavirus continues to spread. Check the CDC and State Department websites for current guidance and travel restrictions. Please use the content of this article only to help inform future travel plans. United Airlines’ extensive network offers incredible opportunities to not only fly all over...



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5 Do’s and Don’ts of Repaying Your Personal Loan Early

When you’re nearing the end of a long personal loan road, it’s tempting to wrap your payments up a few months early. Who doesn’t yearn to see that balance zero out? But before you dip into your savings or use a work bonus or tax refund to pay off your personal loan, it’s important to...



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Use Miles and Points to Save Cash on Non-Travel Purchases

Note: NerdWallet strongly discourages traveling in the near future while the coronavirus continues to spread. Check the CDC and State Department websites for current guidance and travel restrictions. Please use the content of this article only to help inform future travel plans. If the economy has you down (or you simply like to review your...



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What You Should Know About Mortgage Forbearance

Concerned about making your next mortgage payment? Forbearance may be an option. Working with your lender to get forbearance helps you avoid late penalties and avert the risk of foreclosure. If you’ve experienced a financial hardship, here’s what you should know about loan forbearance for mortgages. » MORE: Mortgage relief programs available during the coronavirus...



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Restaurants Find Hope in Delivering Donated Meals to Hospitals

As Americans pitch in to order meals for beleaguered health care workers, the deliveries can be a lifeline for restaurants and food trucks as well as hospitals.

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Do These 4 Things for Your Parents During Coronavirus Outbreak

Americans everywhere are concerned about the coronavirus and COVID-19, the respiratory disease it causes. But COVID-19 has demonstrated that it’s particularly serious for older adults whose immune systems naturally weaken as they age — and especially for those with chronic medical conditions, according to Dr. Samir K. Sinha, a member of the American Red Cross...



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Private Student Loan Relief for Borrowers in the Coronavirus Crisis

Private student loan borrowers, unlike federal loan borrowers, aren’t likely to see an interest-free forbearance anytime soon. But that doesn’t mean private lenders aren’t coming up with ways to support borrowers during the economic fallout from the COVID-19 pandemic. Here’s a roundup of what private lenders are offering borrowers to ease their payment burden. Many...



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Restaurants Find Hope in Delivering Donated Meals to Hospitals

As Americans pitch in to order meals for beleaguered health care workers, the deliveries can be a lifeline for restaurants and food trucks as well as hospitals.

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Monday, March 30, 2020

Restaurants Find Hope in Delivering Donated Meals to Hospitals

As Americans pitch in to order meals for beleaguered health care workers, the deliveries can be a lifeline for restaurants and food trucks as well as hospitals.

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Restaurants Find Hope in Delivering Donated Meals to Hospitals

As Americans pitch in to order meals for beleaguered health care workers, the deliveries can be a lifeline for restaurants and food trucks as well as hospitals.

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Does Life Insurance Cover Deaths From Coronavirus?

Thousands of people worldwide have already died from COVID-19, the disease caused by the novel coronavirus. For those who have life insurance, in almost all cases, they are covered, and insurance will likely pay out for deaths from COVID-19. There are a few exceptions, according to representatives from life insurance companies and industry organizations. Potential...



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Restaurants Find Hope in Delivering Donated Meals to Hospitals

As Americans pitch in to order meals for beleaguered health care workers, the deliveries can be a lifeline for restaurants and food trucks as well as hospitals.

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How I Canceled My Trips Due to the Coronavirus and Got My Miles and Points Back

Note: NerdWallet strongly discourages traveling in the near future while the coronavirus continues to spread. Check the CDC and State Department websites for current guidance and travel restrictions. Please use the content of this article only to help inform future travel plans. The COVID-19 virus and the associated isolations have really put a dent in...



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Coronavirus Stimulus Money: How Much You May Get and When

The CARES Act kicks off a massive economic stimulus effort that, among other things, could put cash directly in your pocket soon. Here’s a rundown of how much money you might get, how it will arrive and when. How much is my stimulus payment? The U.S. Treasury will disburse up to $1,200 per adult and...



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How Expanded Coronavirus Unemployment Benefits Work

A historic $2 trillion spending package significantly bolsters relief to millions of Americans left jobless by the ongoing coronavirus pandemic. The Coronavirus Aid, Relief, and Economic Security Act expands unemployment benefits to include part-time and self-employed workers, including contractors and gig workers. It also supplements state benefits with an additional $600 per week, which more...



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Maximize Rewards With the AmEx Trifecta

Note: NerdWallet strongly discourages traveling in the near future while the coronavirus continues to spread. Check the CDC and State Department websites for current guidance and travel restrictions. Please use the content of this article only to help inform future travel plans. There are plenty of great rewards credit cards available, but none of them...



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Guide to Booking Award Flights With Hawaiian Airlines

Hawaiian Airlines is the largest airline in Hawaii and one of the largest commercial carriers in the U.S. It also happens to be one of an increasingly small group of airlines that continues to publish an award chart so passengers can easily calculate how many miles they’ll need to book flights. Here, we’ll walk you...



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SmartMoney Podcast: Saving, Budgeting and Travel

Welcome to NerdWallet’s SmartMoney podcast, where we answer your real-world money questions — in 15 minutes or less. Check out this episode on any of these platforms: Apple Podcasts Spotify SoundCloud In this week’s episode, we’re talking about some of the financial issues surrounding the pandemic, including what people need to know about emergency savings,...



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Master the Quick and Painless Money Check-In

Like cars, relationships and health, personal finance needs maintenance. Routine care now helps you in the future and alerts you to problems. But check-ins can be easy to blow off, particularly if everything seems to be running smoothly. “Comfortable might not be the best thing,” says certified financial planner Lazetta Rainey Braxton. You can feel...



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Mortgage Outlook: Fed Intends to Calm Rates

In March, the trajectory of mortgage rates humbled forecasters. Mortgage rates fell in late February as the COVID-19 pandemic spread. The forecast for March seemed logical: Mortgage rates would continue falling if the epidemic worsened in the United States. Instead, mortgage rates went up dramatically in March. The forecast for April calls for fixed mortgage...



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Sunday, March 29, 2020

New Orleans Restaurants, Used to Disasters, Reckon With Something Worse

The dining and bar scene, so central to the city’s identity, emerged strong from Hurricane Katrina. But the coronavirus crisis is different.

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Saturday, March 28, 2020

New Orleans Restaurants, Used to Disasters, Reckon With Something Worse

The dining and bar scene, so central to the city’s identity, emerged strong from Hurricane Katrina. But the coronavirus crisis is different.

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One Shop Became a Lifeline for Rhode Island’s Solitary Clam Fishermen

Restaurant closings have devastated the market for quahoggers, who are prohibited from selling directly to consumers.

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New Orleans Restaurants, Used to Disasters, Reckon With Something Worse

The dining and bar scene, so central to the city’s identity, emerged strong from Hurricane Katrina. But the coronavirus crisis is different.

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New Orleans Restaurants, Used to Disasters, Reckon With Something Worse

The dining and bar scene, so central to the city’s identity, emerged strong from Hurricane Katrina. But the coronavirus crisis is different.

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Friday, March 27, 2020

Is Clear Worth the Cost?

Note: NerdWallet strongly discourages traveling in the near future while the coronavirus continues to spread. Check the CDC and State Department websites for current guidance and travel restrictions. Please use the content of this article only to help inform future travel plans. Are you thinking about going with Clear? The private biometric screen company lets...



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Chase 5/24 Rule Explained

Note: NerdWallet strongly discourages traveling in the near future while the coronavirus continues to spread. Check the CDC and State Department websites for current guidance and travel restrictions. Please use the content of this article only to help inform future travel plans. Undoubtedly, Chase has one of the best portfolios of credit cards available to...



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One Shop Became a Lifeline for Rhode Island’s Solitary Clam Fishermen

Restaurant closings have devastated the market for quahoggers, who are prohibited from selling directly to consumers.

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Want a Safe Investment? Consider These Low-Risk Options

When the markets turn volatile, safe investments often get a moment in the sun — and for good reason. FDIC-insured deposit accounts and other low-risk investments can help cautious investors combat inflation while keeping their savings secure. Remember, though: Low risk generally means low return, which means these accounts make the most sense when you’re...



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Where to Get Financial Help During the COVID-19 Crisis

If the COVID-19 crisis has already had an impact on your finances, and you’re worried about covering your bills or monthly payments, one of the best things to do now is to reach out and ask for help. That means triaging your top-priority bills, like housing, utilities and cell phones. If you can’t cover the balances...



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6 Tips to Help Your Portfolio Weather the Coronavirus Crash

2020 has a futuristic ring to it, but the new decade is starting to look downright dystopian. Dramatic stock market drops, school closures and the widespread threat of unemployment are just a handful of factors in the evolving financial fallout of the coronavirus. Here are six ways to help your portfolio, and future financial stability,...



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Average Net Worth by Age: How Does Yours Compare?

Most of us are fully aware that our net worth doesn’t remotely come close to that of celebrity billionaires like Oprah Winfrey or Jay-Z. But have you ever wondered how yours compares to your peers’? We dug up the average net worth numbers from the Federal Reserve Board’s Survey of Consumer Finances report to help...



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Will My Airline Go Out of Business? Probably Not.

Note: NerdWallet strongly discourages traveling in the near future while the coronavirus continues to spread. Check the CDC and State Department websites for current guidance and travel restrictions. Please use the content of this article only to help inform future travel plans. There’s not an industry in the world that hasn’t been impacted by the...



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Thursday, March 26, 2020

How Gen X Can Start Tackling Its Credit Card Debt

When writer Ada Calhoun started losing sleep over her credit card debt, she quickly realized she wasn’t the only one. “I had about $20,000 in credit card debt, and I had just had all this freelance work fall through. I had a plan to pay it off and that plan evaporated, so I was waking...



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How to Get an Unemployment Deferment for Your Student Loans

Unemployment deferment allows you to postpone repayment of federal student loans for up to 36 months. To qualify, you must be receiving unemployment benefits or working part time while seeking full-time work. If the coronavirus pandemic has affected your job, you don’t need to apply for a student loan deferment immediately. The federal government is...



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How to Prep for and Spend Your Government Relief Check

The coronavirus pandemic has upended the lives and finances of millions. A federal relief package aiming to provide payments to distressed consumers is on the way — but that money is not likely to land for a number of weeks. While you’ll have to wait for whatever money you might be eligible for, now is...



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Travel Protection Coverage on the AmEx Green Card

Note: NerdWallet strongly discourages traveling in the near future while the coronavirus continues to spread. Check the CDC and State Department websites for current guidance and travel restrictions. Please use the content of this article only to help inform future travel plans. Travelers with the iconic American Express® Green Card can enjoy more than the...



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Inflation Calculator

How inflation affects your savings Say a movie ticket cost $5 in 2000, and in 2020, that same movie ticket costs $10. This doesn’t mean your original $5 would grow to $10. It means that your $5 — if you stuck it under a mattress for 10 years — would only buy you half of...



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7 Credit Card ‘Rules’ You Can Break in an Emergency

Much of the advice you see about using credit cards wasn’t written for people coping with a financial emergency. When you’re faced with a sudden disruption in your income — something millions of people are experiencing because of the COVID-19 pandemic — some of the basic “rules” about credit cards become unrealistic, if not impossible,...



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What Is a Recession?

Whisperings of an impending recession have been circulating for some time. Amidst the longest economic expansion on record in United States history and a swiftly growing pandemic, those whispers have turned to shouts — and fears are amping up. For many, it feels like waiting for the inevitable major storm or earthquake to hit. Understanding...



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Best Credit Cards for Ordering Food Right Now

Note: NerdWallet strongly discourages traveling in the near future while the coronavirus continues to spread. Check the CDC and State Department websites for current guidance and travel restrictions. Please use the content of this article only to help inform future travel plans. If you want your regular coffee spot, hole-in-the-wall restaurant or family-owned bistro to...



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What Not to Do When Spring Cleaning Your Finances

It’s spring cleaning season, and many of us will soon be polishing up more than just our homes — we often use the fresh season as an opportunity to work on our finances. But just like there are guidelines for regular spring cleaning, there are rules for financial spring cleaning. Here’s what not to do...



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SmartMoney Podcast: What’s Happening With Mortgage Rates?

Welcome to NerdWallet’s SmartMoney podcast, where we answer your real-world money questions — in 15 minutes or less. Check out this episode on any of these platforms: Apple Podcasts Spotify SoundCloud This week’s episode focuses on mortgage rates: why they plunged and then soared, plus what the future might bring for people planning to buy...



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How to Create a Retirement Paycheck That Lasts

Saving and investing for retirement may actually be easier than deciding how to safely spend what you’ve accumulated. Withdraw too much and you could run out of money. Withdraw too little and you might stint on some retirement pleasures you could actually afford. Taxes and Medicare premiums should be considered, too, since both could be...



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Wednesday, March 25, 2020

Coronavirus Guide: What to Do If an Airline Changes or Cancels Your Flight

The COVID-19 pandemic has disrupted air travel tremendously, forcing airlines to offer flexible travel policies and start canceling flights across their networks. So what should you do if your flight is canceled or rebooked? That depends on your travel goals. Here we’ll break down the different scenarios and offer best practices for achieving your desired...



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Mortgage Relief Programs for Homeowners Hit by the Coronavirus Crisis

The coronavirus outbreak has left many Americans dealing with reduced income or unemployment. In response, Fannie Mae and Freddie Mac, along with the Federal Housing Administration and Department of Veterans Affairs, have directed lenders to provide mortgage relief options to affected homeowners. Some individual lenders and state governments are also taking independent action to provide...



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How to Get Student Loan Relief Now

Lost wages due to the new coronavirus and the disease it causes, COVID-19, may affect your ability to manage and repay student loans. The federal government, states, private lenders and others are offering student loan relief to help you manage the economic fallout. Here are the current options you have for student loan relief. As new...



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My Experience Flying from Mexico to the U.S. During the Coronavirus Pandemic

After two months of living in Mexico as a digital nomad, and despite plans to travel to Amsterdam, I now find myself hunkered down in Miami Beach, Florida, during this coronavirus pandemic. In this post, I’ll explain why I changed my plans, how I booked my last-minute travel, my flight experience and how life appears...



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For Drive-In Theaters, an Unexpected Revival

A retro tradition get a (temporary) boost from social-distancing edicts.

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Should You Book Summer Flights With Miles (During a Normal Travel Season)?

Note: NerdWallet strongly discourages traveling in the near future while the coronavirus continues to spread. Check the CDC and State Department websites for current guidance and travel restrictions. Please use the content of this article only to help inform future travel plans. While the travel industry has come to a near screeching halt due to...



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Laid Off Due to Coronavirus? Take These 6 Steps

An estimated 1.5 million Americans are suddenly unemployed as businesses lay off their workforce in massive numbers or shutter completely in the midst of the rapidly evolving coronavirus pandemic. Losing your job is stressful under normal circumstances, but alongside a global pandemic and predicted recession, things can seem especially bleak. Meanwhile, you still need to...



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NerdWallet Experts’ Tips on Handling Finances During Coronavirus

The economic impact of the coronavirus outbreak may have you thinking about — and let’s be real, losing sleep over — your finances now more than ever. With bills, investments and mortgage payments to consider, as well as looming fears about a recession, you may need an expert opinion to cut through the noise and...



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Restaurant Workers Get a Final Paycheck and a Meal From Their Peers

For the first time, an industry built on caring for other people is pivoting to caring for its own, with soup kitchens and fund-raisers.

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Restaurant Closings Inflict Collateral Damage on Other Businesses

Fishermen, florists, bakers and farmers are just a few of the many Americans struggling to find new revenue sources as dining rooms shutter.

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Tuesday, March 24, 2020

Restaurant Closings Inflict Collateral Damage on Other Businesses

Fishermen, florists, bakers and farmers are just a few of the many Americans struggling to find new revenue sources as dining rooms shutter.

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The Guide to Earning British Airways Avios

If you love traveling and are thinking of earning points to pay for your flights, you may want to utilize British Airways Avios. Avios are the official British Airways rewards points that can be redeemed for travel. Avios can be an excellent rewards currency option if you plan to travel internationally, and they’re also especially...



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How Much Are My Wyndham Points Worth?

So, NerdWallet values Wyndham points at 0.9 cents each. But … how much are 30,000 Wyndham points worth? Or 53,550? Use the calculator below to figure out how much your stash of Wyndham points is worth based on our valuation. Wondering what you can do with those points? Check out our guide to redeeming Wyndham...



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