Jennifer's Compass

NECN Viewer Questions: Solo 401K, foreclosure and paying down debt

(NECN) - Being your own boss can be both rewarding and a challenge, especially when it comes to arranging your own finances.

Retirement planning for small businesses is our top question this evening on NECN.

NECN Viewer questions: First time home buyer credit, 401k survival, Roth 401k and stopping the gift giving madness

Viewer questions tonight ran the gamut. From how to claim the first time home buyer credit, to managing your 401k and Roth 401k to putting the brakes on out-of-control gift giving.

College Savings: 529 Savings Plans 101

529 college savings plans are a great way to save for college. Whether you're investing a little or a lot, heres the skinny on how these plans work and how to pick an account.

In Focus: Your credit information

(NECN) - Today In Focus, we're talking about credit information. It's important to monitor it, but what's the best way to access this very personal information?

NECN Viewer questions: disability insurance at work, timeshares and playing the interest rate market

(NECN) - A lot of people are worried about job security these days, but what if you have a job, and you're unable to work?

It's our top question on viewer questions this week.

Other questions include how to track expenses online, getting rid of your timeshare, and whether or not interest rate figures are a good way to play the current market.

Is filing for bankruptcy an option?

Bankruptcy filings are at record levels so far this year. Many people are filing after a job loss or medical bills make paying their creditors next to impossible. Is filing bankruptcy the right thing for you?

NECN Ask Jennifer: Email from the IRS, CD interest rates and building your credit score with a car loan

Communicating with the IRS, and finding a good interest rate in a recession. They are two of the questions viewers are asking tonight on NECN Business Day.

ONEin3money questions: CD rates, the best credit card,saving for ski season

Question on Good Morning Live this morning were from ONEin3'rs.

If you have a question, e-mail me at [email protected].

Our CD is about to come due (4.25%). Do you have any recommendations for where we should put our little nest egg? We want to keep relatively liquid and with minimal to no risk. -- Sam

Safe investments

• CD again...rate will be lower
• Online money market
• Check BankRate.com

What is the best credit card to use? Are rewards cards a good idea? -- Nicole

Best Cards

• Don't carry a balance
• No annual fee
• Rewards cards
• LowCards.com

Goal setting- I am broke every month, but want to start saving for ski season. What quick tips do you have for cutting down on expenses without having no life at all? (I go to the gym and usually go skiing in Maine.) -- David

Goal Planning

• Set a specific monetary goal
• Track your expenses: Mint.com
• Small things add up quickly: Snowflakes
• Look for extras to cut: coffee, meals
• Strategic grocery shopping