Dear Liz: I’m 67, divorced since 1992 and retired with a good government pension, a retirement investment fund, some stocks and cash savings. I plan to sell my home of 33 years soon for a hefty profit and buy a smaller home. I owe $100,000 on the mortgage. I worry about a significant increase in payments […]
Recent Blog Posts
Q&A: How a new credit card can help your credit score
Dear Liz: I’ve received a notice stating that a retail credit card I’ve had for more than a decade will be converted to a Mastercard. I already have an American Express charge card and a Visa rewards credit card. I don’t need another credit card. But I’m concerned. Will the conversion hurt my credit scores? Or […]
Thursday’s need-to-know money news
Today’s top story: Why you should name a ‘trusted contact.’ Also in the news: How to pay off your car lease, and how COVID grants, relief programs impact 2021 business taxes. Why You (and I) Should Name a ‘Trusted Contact’ Helping your brokerage, bank or insurer connect with someone who knows what’s going on in your life […]
Wednesday’s need-to-know money news
Today’s top story: How to choose a seat on a plane. Also in the news: Lock in your access to hotel refunds as travel remains iffy, and why your first credit card will likely not be a travel credit card. How to Choose a Seat on a Plane This basic component of air travel has […]
Tuesday’s need-to-know money news
Today’s top story: How one-income couples can remain equals. Also in the news: How to get your tax refund back ASAP, 7 financial scams, bubbles, and boondoggles, and Bogleheads, baby steps and other personal financial strategies you should know. How One-Income Couples Can Remain Equals Whether you previously had financial independence or now face the […]
Why you (and I) should name a ‘trusted contact’
For the past few years, financial services companies have been bugging me to name a “trusted contact.” Banks, brokerages and insurers increasingly want to have someone to call or email in case they notice suspicious activity and can’t reach the account holder. I ignored these requests. Trusted contacts are a great idea for older people […]