6 estate planning tips even broke people need to take

No one really wants to sit around thinking about what will happen if they get seriously sick or so incapacitated they can’t make sound financial decisions — let alone contemplate the actual D word. But that doesn’t mean you can forget about estate planning altogether. It won’t just go away if you ignore it, and […]

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Wednesday’s need-to-know money news

Today’s top story: How a secured credit card could help you build your credit. Also in the news: Generations X and Y race to prepare for retirement, how to handle your debt when you’ve lost your job, and an identity theft reveals how he empties your bank account. The Best Secured Credit Cards in America […]

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Tuesday’s need-to-know money news

Today’s top story: What happens if you get caught lying on your FAFSA? Also in the news: Why your financial life is a mess, which interest rate you should choose, and the credit score every small business owner should understand. What Happens If You Lie on Your FAFSA? Resist the temptation. Fixed or Variable: Which […]

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Q&A: Term life insurance

Dear Liz: My husband doesn’t qualify for term life insurance because he is overweight and pre-diabetic. Although he’s working on getting in shape, I’m afraid something might happen. I should add we have a 3-year-old daughter, and he is the main breadwinner. What would you suggest we do to ensure we are covered if something […]

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Q&A: File and suspend strategy for Social Security

Dear Liz: You recently wrote an interesting piece regarding the “file and suspend” strategy for Social Security benefits. I liked the possibility of getting a lump sum if I should need the money downstream. But when I checked with Social Security, I was told that the lump sum maximum was six months of suspended payments. […]

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Monday’s need-to-know money news

Today’s top story: How to choose the right 401K plan. Also in the news: Money losses you can’t claim on your taxes, the benefits of prepaying your mortgage, and how to survive living on a budget. Do You Have the Right 401K? Picking the plan that’s right for you. These Money Losses Won’t Help You […]

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Friday’s need-to-know money news

Today’s top story: The benefits to joining a credit union. Also in the news: When to sign up for a financial advisor, apps that will make next year’s taxes easier, and how to build your credit from the ground up. 6 Perks You Can Get at a Credit Union Free checking! When To Sign Up […]

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How you can benefit from the robo-advisor price war

Digital investment advisor Wealthfront snagged some headlines this week by dropping its minimum investment from $5,000 to $500 and calling out its competitors, particularly Betterment, for charging too much. Which is kind of unfortunate, because it could leave people with the impression that Betterment is gouging people, when it (like most of the other robo-advisors) […]

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Thursday’s need-to-know money news

Today’s top story: Phone calls that can save you money. Also in the news: How to slash your tax liability in retirement, handling the financial challenges of caring for aging parents, and a guide to repaying your student loans. 4 Phone Calls That Can Save You a Ton of Money Savings could be just a […]

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Wednesday’s need-to-know money news

Today’s top story: How you could save $200 a month on your mortgage. Also in the news: How making the minimum payments on a credit card bill could take decades to pay off, why you should pay cash for your new car, and what to review during your annual financial checkup. Millions of Homeowners Could […]

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