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Stories written by Nick Maffeo

Setting yourself up for success after college

Some things that didn’t matter much (or at all!) while you were in college definitely become important after college graduation. While you are getting your arms around your new life and your post-college financial future, here are a few things you may want to consider: 1.) In many families, parents do most of the work […]

Should you stretch to buy a home?

That eternally debatable question was the focus of a front-page “Yes or No” feature article in The Wall Street Journal’s Wealth Management section earlier this year. “Interest rates are still low,” the Journal wrote. “Then again, it’s a sellers’ market.” While their “Yes or No” experts obviously took different sides, both seemed to look at […]

Smart About Money: House-Flipping

Who hasn’t watched one of the multiple house-flipping shows on TV and wondered if that would be a good way to earn some extra money? The programs are fun and interesting. They definitely show you the possibilities. But, while many people have certainly made real estate into a part-time gig or a full-time career, it’s […]

Smart About Money: Doing what you don’t want to do

A few weeks ago, the Good News Network told the story of a gentleman who immediately returned a wallet with $10,000 in it to its owner. “I never took seriously the notion of keeping the money,” he said. “It’s just simpler to do the right thing.” Of course he’s right. And many times in life […]

Smart About Money: Helping a Friend

I recently heard about a woman who was planning to retire in the next year or two. A family member had asked if she would tap her retirement savings to help them pay some large credit card bills. At the other end of the spectrum, the “Millennial Money” column in a recent Kiplinger’s Personal Finance […]

Smart About Money: Tips to avoid online scams

“The phone scams keep on coming — here are tips on how to avoid them” was the headline of a recent Boston Globe consumer protection column. Tips to avoid scams? Nice in theory, but with so many scams coming from so many directions, your best bet is to be generally aware of the new twists […]

Smart About Money: GameStop Takeaways

Over a few weeks earlier this year, the stock of a struggling gaming electronics company — GameStop — shot up from about $4 a share to almost $500. Quite a ride. Some thought it would go to $1,000 and borrowed money to buy more shares. Plenty of people wished they somehow had gotten in on […]

Smart About Money: Home Title Fraud

Commercials pushing products with scare tactics always make me skeptical. So a recent radio commercial for a monthly-fee service offering to protect homeowners from home title fraud got my attention. While other kinds of scams and frauds are all too common, no one seemed to be talking about home title fraud. So I decided to […]

Smart About Money: Mandatory Fees

A while ago, there was an article in The Wall Street Journal about something that had been becoming more common, more annoying and increasingly expensive — mandatory fees. After the coronavirus fades, chances are those fees will be back. The article, “A backlash brews against fees,” focused on what may be about the most hated […]

Smart About Money: Buyer Beware

“Caveat emptor” is Latin for “Let the buyer beware.” Which means buyers needed to beware thousands of years ago and buyers still need to beware today, especially when shopping online. Because some things online are changing … for the worse. One example: It is now abundantly clear that online reviews have been corrupted to such […]

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