The Daily Money: A home for the holidays

Good morning! It’s Daniel de Visé with your Daily Money.

The devastating tornadoes that swept through Rolling Fork, Mississippi, in March 2023 were a double whammy for Andrea Williams, who was looking forward to celebrating her birthday that day.

Williams' home was destroyed, Andrea Riquier reports. She assumed all was lost.

But 18 months later, just a few days before Christmas, Williams' story took an extraordinary twist.

Check the setting on that iPhone gift

If your child received an iPhone as a holiday gift, Felecia Wellington Radel reports, take some time to check the settings.

The battle between parents and tech-savvy children over access to the Internet and apps might seem hopeless. Yet, apparently, there are still ways for parents to set guardrails before handing over the keys to the online kingdom. Here are some tips.

'Forever' documents: When can you toss them?

As you ransacked your basement in search of holiday decorations, perhaps you came upon boxes of documents from the last millennium. And then, you probably asked yourself: “Couldn’t I just throw these out?” 

Companies and governments often have document retention policies. Most people do not. Common wisdom suggests we keep important papers for seven years, for reasons that, we vaguely recall, have something to do with taxes. For those of us with paper records dating to the Clinton Administration, that would seem to mean you can throw them away.  

But does that mean everything? 

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About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.