Today’s top story: 5 ways to protect yourself from Medicare fraud. Also in the news: A new episode of the Smart Money podcast on questioning the 50/30/20 budget, 5 credit card mistakes to avoid during tough times, and the cheapest places to buy an acre of land in the United States. 5 Ways to Protect […]
Recent Blog Posts
Q&A: Starting Social Security too early
Dear Liz: Does the Social Security Administration still allow a person to start taking Social Security benefits at age 62 and then later return the full amount received and begin taking the higher delayed benefits? For people who don’t need the income, this seems like a smart strategy as they could obtain the investment income […]
Q&A: Saving at online banks
Dear Liz: My wife keeps over $60,000 in her checking account at a brick-and-mortar bank. I think that is a bad idea. Too easy for possible fraud. I have tried to convince her the safest place to keep the bulk of her cash is in a savings account, preferably in an online bank, which I […]
Q&A: How a ‘like-kind’ 1031 exchange can help you defer real estate capital gains taxes
Dear Liz: My husband and I are selling a commercial property for $600,000 and we have capital gains questions. Our Realtor said that we have 90 days to buy another property but suggested we don’t make a purchase due to the state of the economy at this time. We are looking for any suggestions to […]
Thursday’s need-to-know money news
Today’s top story: How to buy stuff that lasts. Also in the news: A new episode of the Smart Money podcast on how to build the right team, positive signs for college enrollment, and the most creative ways to use the equity in your home. How to Buy Stuff That Lasts Savvy consumers consider price, […]
Wednesday’s need-to-know money news
Today’s top story: 12 ways to make this summer’s travel less bad. Also in the news: Are Airbnbs really cheaper for large groups, 11 ways to repurpose an old phone or tablet, and the federal consumer finance watchdog to tighten bank rules around money-transfer scams. 12 Ways to Make This Summer’s Travel Less Bad With […]