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Joel covered a lot this week, so here's a quick outline of what you need to know to get yourself on your way to financial happiness:
Joel took a lot of calls this week. One caller asked about how much she should trust credit monitoring. Generally, Joel doesn't recommend spending money on a credit monitoring system. Instead, it may be worth looking into freezing your credit. You can do it for free and it helps prevent the criminals from opening new accounts. Even if you may not be financially responsible for a criminal's activities, it's a headache to get everything fixed after the fact.
Joel also answered a question about some of his favorite banks such as Ally and CIT. If you're part of a bigger bank, consider switching to an online bank. Some of them are offering higher interest rates than the big banks!
Don't forget to check out the 'How to Money' Newsletter and website!
Listen to this week's show below!