Family and Money Matters: Your Debt Challenge

The saying goes: “A fool and his money are soon parted.” But even folks who pride themselves on being financially savvy sometimes have trouble saying ‘No’ to lending money to family and friends – even when they can’t afford to do so. See also: Tell us about your family loan gone bad. Money can ruin all kinds of relationships – from friends, to family members to marriages. When lending money goes bad, someone winds up paying the debt. And unfortunately, …

AARPMoney Twitter Chat Wrap: Lynnette Khalfani-Cox

This is a guest post by Tara Finnegan Coates, editor for money and work content on AARP.org. Thanks to everyone who had a chance to participate in our twitter chat Tuesday with AARP money expert Lynnette Khalfani-Cox  (@themoneycoach).  Lynnette is currently hosting  the AARP Pay Down Your Debt Challenge through Jan. 29 on AARP.org. In case you missed it, here’s some of the highlights from the chat. Americans racked up $20B on credit cards in November. Total debt (housing included) …