We've spent the whole week talking about the fine print – on our student loan bills, on our bank statements, and on our mortgages – but that's just a small portion of what we see in fine print everyday. How do we manage all the other fine print in our lives? And when do we throw in the towel and decide it's not worth reading anymore? Gary Belsky, author of "Why Smart People Make Big Money Mistakes And How To Correct Them," and Beth Kobliner, Takeaway contributor and author of "Get a Financial Life: Personal Finance In Your Twenties and Thirties
," share and debate their differing strategies.
All week we've been following the ways in which our lives have become inundated with fine print. For the fourth segment in our series, Takeaway contributor Beth Kobliner, author of "Get a Financial Life: Personal Finance In Your Twenties and Thirties," looks at why more people are defaulting on student loans than ever before and how you can avoid being buried by the fine print.
Click through to read Beth's five points to consider when applying for (or paying down) your student loans.
So you want to get in the real estate game while rates are low and affordable property is abundant? Before you hop on the gravy train, be wary of the fine print. As part of our weeklong series on Life in Fine Print, we talk with Dan Green, loan officer at Waterstone Mortgage and author of themortgagereports.com. He explains why all those ads promising low APRs and fantastic terms might be concealing a slightly more complicated truth.
In our weeklong series on our Life in Fine Print, we're taking a look at charges and fees. Congress has regulated certain banking fees, but there are still charges out there that can sneak up on you in ways you didn't imagine. Louise Story, finance reporter with the New York Times, talks about some of the big ones: overdraft charges, ATM charges, and checking account fees. And Glinda Bridgforth, author of the "Girl" series of personal finance books, including "Girl, Get Your Credit Straight!," tells us what we can do to minimize or avoid these charges.
All this week we'll be taking a look at how fine print in the lives of consumers affects our ability to get out of debt. We kick off the series with Elizabeth Warren, chair of the Congressional Oversight Panel of the TARP. Warren discusses her role with TARP, a proposed Consumer Financial Protection Agency and how the American middle class has been slowly buried under more and more fine print.