Q&A: Social Security calculators may overestimate your benefits

Dear Liz: All of the Social Security calculators that I have found assume that you will work until you start drawing Social Security benefits. However, I plan on retiring around 62 but not drawing my benefits until age 66 or later. Whenever I calculate my future benefits, the calculator assumes that I will continue to […]

Continue reading...

Q&A: Getting help with credit scores after identity theft

Dear Liz: Would you please help readers learn how to fix credit scores after identity theft? I have been a victim at least eight times in the past five years. I have filed three police reports regarding these matters and sent them along with other proof to the big three credit report agencies. Only one […]

Continue reading...

Thursday’s need-to-know money news

sol_helpkidssave

Today’s top story: Financial advisors on what the election means for your money. Also in the news: How your taxes may change in a Trump presidency, how President Trump could affect your student loans, and how to teach kids about money. Ten Financial Advisors on What the Election Means for Your Money Plan A look […]

Continue reading...

Wednesday’s need-to-know money news

Today’s top story: Probate, and how to avoid it. Also in the news: A Class of 2016 Postgrad student loan checklist, how to haggle down your rent by offering to do your own maintenance, and a few things to consider before moving to Canada. Probate, and How to Avoid It Learn the three common ways. […]

Continue reading...

Tough times ahead? Enter to win these books. Plus: discount code.

Updated to add second coupon code. I mentioned earlier this week that I’m giving away a copy of Donna Freedman’s “Playbook for Tough Times,” as well as Abigail Perry’s “Frugality for Depressives.”  (Donna and Abby are mother and daughter.) Donna just let me know that she’s also offering a short-term discount on the PDF version of […]

Continue reading...

Tuesday’s need-to-know money news

Today’s top story: NerdWallet’s best credit card tips for November. Also in the news: How credit card rewards can help pay for the holidays, what to do if your parents don’t have a retirement plan, and the pros and cons of a joint checking account with your parents. NerdWallet’s Best Credit Card Tips for November […]

Continue reading...

Book Giveaway: Playbook for Tough Times and Frugality for Depressives

snip20161108_2

I’m giving away a copy of Donna Freedman’s “Playbook for Tough Times,” and Abigail Perry’s “Frugality for Depressives.” These books have more than a topic in common–Abby is Donna’s daughter. Both books offer great, realistic advice for getting a handle on your money. To enter to win, leave a comment here on my blog (not […]

Continue reading...

Great credit is a powerful tool

Credit scores are a financial tool, but whether they’re a lever or a hammer depends on how good they are. You can leverage great scores into great deals — on loans, credit cards, insurance premiums and cell phone plans. Bad scores can hammer you into missing out or paying more. The lifetime cost of higher […]

Continue reading...

Monday’s need-to-know money news

Today’s top story: Why minimum payments on credit cards are designed to keep you in debt. Also in the news: Retirement planning rules Millennials can break, how to choose the right health insurance plan “metal tier,” and why it’s so hard to stick to a budget. Credit Card Minimums: Perfectly Calibrated to Keep You in […]

Continue reading...