Q&A: Helping a mentally ill family member

Dear Liz: I want to offer some bit of advice to the woman with the mentally ill, homeless son. She didn’t say which state he lives in, and I’m guessing it’s not California. There are so many wonderful programs here. I did help a woman my age (late 40s at that time) get off the […]

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Q&A: Special needs trust

Dear Liz: Your suggestions about resources to help a parent with an emotionally ill adult child were very helpful. But from a financial standpoint, don’t you think you should have discussed a special needs trust for the time when the parent dies? Whatever assets she has, most likely her home, should be put in this […]

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Friday’s need-to-know money news

teen-credit

Today’s top story: Finding the best credit card for your teenager. Also in the news: Financial date nights, what to do if you can’t pay your taxes, and keeping old credit cards on your credit history. 5 Credit Cards for Teens How to make sure their first card is the right one. Avoid money fights […]

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5 ways going green can save some green

In honor of this month’s Earth Day, here’s a piece that first ran on DailyWorth. If you’re trying to save money, you’ve heard all the usual advice about ways to cut back: brown bag your lunch, use coupons, shop sales. But with Earth Day this month, maybe it’s time to take a fresh look at […]

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Thursday’s need-to-know money news

Today’s top story: Last-minute tax filers need to watch out for an Obamacare scam. Also in the news: Paying to check your credit, how to delay taking Social Security, and retirement planning tips for women. Last-Minute Tax Filers: Beware of This Obamacare Scam Scammers are taking advantage of Obamacare tax penalties. Should I Pay To […]

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Wednesday’s need-to-know money news

Today’s top story: Finding the best credit monitoring service. Also in the news: The best move to make at tax time, how to get the best financial aid package, and how to keep your digital transactions safe. How to Compare Free Credit Monitoring Offers With credit theft becoming a near daily occurrence, it’s important to […]

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Tuesday’s need-to-know money news

credit-cards

Today’s top story: The pros and cons of paying your taxes with a credit card. Also in the news: Discharging private student loans, financial rules for 40 year-olds, and what FICO’s new credit score means for you. Should You Pay Your Taxes With a Credit Card? The pros and cons. Can You Discharge Private Student […]

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Monday’s need-to-know money news

Today’s top story: How to make saving for retirement less miserable. Also in the news: The best type of financial plan, refinancing your student loans, and four ways to cut the cost of life insurance. How to Take the Misery Out of Saving for Retirement It doesn’t have to be painful. The Best Financial Plan […]

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Q&A: Social Security and Divorce

Dear Liz: Can my 63-year-old ex-husband, who was a slacker who never worked, collect on my Social Security? I am 59 and happily remarried. He hasn’t remarried. We were married for 25 years before I left him. Answer: Since you were married for more than 10 years, your former husband can apply for spousal benefits […]

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Q&A: Credit card interest rates

Dear Liz: I have had a certain credit card for over five years. I just received a letter stating that my interest rate was going to be raised from 10.24% to 12.24%. My FICO score is 819 and I have never had late payments on any of my cards. I called the issuer to complain […]

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