Today’s top story: 5 things small businesses need to know about the Metaverse. Also in the news: Grads left behind $3.7B in free college aid in 2021, buying your next used car online, and why you should teach your kid to invest while they’re still a kid. What Is the Metaverse? 5 Things Small Businesses […]
Recent Blog Posts
The mental health risks of retiring
The late Pamela Hixon of Leipsic, Ohio, was eager to retire from her job running a hospice agency. Soon after she quit, however, Hixon spiraled into depression and anxiety. She sought help from counselors and her pastor, but it wasn’t enough. Six months after retiring, she took her own life. “She lost purpose, she lost […]
Monday’s need-to-know money news
Today’s top story: How to crush your holiday debt. Also in the news: A new episode of the Smart Money podcast on paying for Covid tests, needing booster shots before you travel, and small business trends that are here to stay. How to Crush Your Holiday Debt Here’s what you can do to take control […]
Q&A: When a lower credit score might not be cause for alarm
Dear Liz: I sold my house, paid off my mortgage and then got a new mortgage for another home in 2021. When I applied for the new mortgage, my credit score was 830. After buying the home, my score dropped to the low 700s. It’s gone up only 2 points in seven months. I have […]
Q&A: Where to park cash?
Dear Liz: I turned 72 in December and took my first required minimum distribution. With the goal of purchasing property next year, should I put the funds — $6,000 — in my Roth IRA or just put it in my bank savings account? Also, should I convert my traditional IRA to a Roth or just […]
Q&A: HELOC situation improves
Dear Liz: Your recommendation that a retired couple consider a home equity line of credit to pay for home repairs astonished me. According to news reports, HELOCs are becoming harder and harder to find. Banks that still offer them have gotten stricter. And to suggest a reverse mortgage for a couple who only need $10,000, […]