Dear Liz: The standard advice is to delay taking Social Security as long as you can. But if I plug my expected benefits into an Excel spreadsheet, I find that my total benefit if I retire at 67 doesn’t pass my total benefits if I retire at 62 until I turn 77. Retiring at 70 seems […]
Recent Blog Posts
Q&A: Spreadsheets won’t tell you the truth about claiming Social Security
Q&A: Can I simplify my finances without hurting my credit score?
Dear Liz: I’m 75 and getting forgetful and disorganized. My prior excellent credit rating has suffered due to late payments because of this. I’d like to simplify my finances by getting rid of extra credit cards, but this will negatively affect my rating even more. Why isn’t there some means for elders to simplify their finances […]
Q&A: Don’t be overly fearful about closing credit cards
Dear Liz: You recently advised a couple who have excellent credit, no outstanding loans and a low credit utilization rate that they could close their credit card with a company that keeps reducing their credit limit when they don’t spend enough on their card. The writer has to contact the credit card company every time to […]
Q&A: RMDs gave me permission to retire
Dear Liz: When Roth conversions came along, they were touted as a way to avoid taxable required minimum distributions in retirement. I had built up a solid “traditional” account, and saw no reason to add to my tax bill by converting. I ignored the noise, although I did open and contribute to a Roth account in […]
Q&A: Are automatic renewals legal?
Dear Liz: I paid for several magazine subscriptions online. At the end of the transaction, I received notice that I had also been signed up for automatic renewal. While I will be notified prior to the end of the current subscription period and given the opportunity to cancel the subscription, this seems like an underhanded way […]
Q&A: Is a lump-sum Social Security payment taxable?
Dear Liz: Because of the Social Security Fairness Act, my wife got a huge lump sum check (catchup, I suppose) and will now get monthly Social Security benefits. This is good news and bad news, especially if we get kicked into a higher tax bracket and moreover if we have to pay taxes on that lump […]
Books
Some of the links below are affiliate links. This means if you click on the link and purchase the item, I will receive an affiliate commission.
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Your Credit Score: How to Improve the 3-Digit Number that Shapes Your Financial Future (5th edition)
Improve your credit score, for real, with the #1 best-selling guide you can trust! Today, a good credit score is essential for getting credit, getting a job, even getting car insurance or a cellphone. Now, best selling journalist Liz Pulliam Weston has thoroughly updated her top-selling guide to credit scores, with crucial new information for protecting (or rebuilding) yours.
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Deal with Your Debt: Free Yourself from What You Owe
Struggling with debt? Get realistic help that's actually useful.
In this extensively updated guide, you can discover how to control and manage debt effectively. You'll learn which debts can actually help build wealth over time, and which are simply toxic. You'll find up-to-date, real-world strategies for assessing and paying off debt, money-saving insights on which debts to tackle first, and crucial information about everything from debt consolidation loans to credit scores and credit counseling. Weston offers practical guidelines for assessing how much debt is safe -- and compassionate, realistic guidance if you've gone beyond the safety zone. If you've ever worried about debt, you'll find the new edition of Deal with Your Debt absolutely indispensable.
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There Are No Dumb Questions About Money: Answers and Advice to Help You Make the Most of Your Finances
There’s a myth in our society that some people are just naturally “good” with money. So naturally, everybody else must be “bad”--or at least, dumb--if they’re not sure what to do.
The reality is, no one is born a money expert. Those who are “good” with money had to learn: by reading, asking questions, and consulting people who know more than they do. No one knows everything, and the only dumb questions are the ones you don’t ask.
This collection of money questions and answers can help you solve your most pressing concerns about your finances. You can buy this ebook on iTunes or on Amazon.
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The 10 Commandments of Money: Survive and Thrive in the New Economy
From the #1 personal finance columnist on the Internet (Nielsen/NetRatings)-a clear prescription for financial health in the 2010s and beyond.
For previous generations, living within your means was a simple formula. Now, with the staggering rise in education, health care, and housing costs, millions of people find themselves skating from paycheck to paycheck with no idea how to move forward.
As the most-read personal finance columnist on the Internet, Liz Weston has heard the questions and has the answers. Her 10 Commandments of Money will help readers avoid critical mistakes, survive the bad times, and thrive in the good ones.
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Easy Money: How to Simplify Your Finances and Get What You Want Out of Life
Common sense. Easy solutions. Plain English.
Best selling author, Liz Weston, takes on the problem everyone has, and nobody talks about: the sheer hassle of managing your money! Weston offers practical guidance and easy checklists for every decision: investments, credit cards, insurance, mortgages, retirement, college savings, and more! Discover how to consolidate, delegate, and automate your finances…save time and money…and live a more rewarding, secure life!