Trying to work while caring for an aging loved one can be difficult, stressful and at times overwhelming. Many people feel they must quit, take a leave of absence or at least reduce their hours in order to cope. Sometimes, caregivers have little choice. But often people don’t realize the heavy financial toll they’ll pay […]
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Tuesday’s need-to-know money news
Today’s top story: How supply chain issues are crushing hotels – and your stay. In other news: As mortgage rates hit 4%, buyers can still boost their chances, the perks of selling your home could outweigh the challenges of buying, and everything you should do before interest rates go up. How Supply Chain Issues Are […]
Monday’s need-to-know money news
Today’s top story: Why you should consider a smaller car insurer. Also in the news: A new episode of the Smart Money podcast on credit union perks and getting into the housing market, tax tips for small business owners, and paying off your starter home vs saving cash for the next one. Why You Should […]
Q&A; An auto dealer keeps checking my credit. Is that a problem?
Dear Liz: How do I remove inquiries from multiple auto lenders? One of the dealerships pulled my credit at least eight times over a two-day period. I thought this could only be done while the customer is physically at the car lot. Answer: Dealerships aren’t supposed to check your credit without your permission, and they […]
Q&A: DIY estate planning is unwise
Dear Liz: Please tell us about some estate planning tools that many might be able to use for themselves without incurring attorney fees and probate costs, such as naming payment-on-death beneficiaries at financial institutions and using real estate deeds with transfer-on-death provisions. Answer: There are a number of ways that people can avoid probate, which […]
Q&A: How Social Security child benefits work
Dear Liz: I am drawing Social Security and my daughter just turned 18. Will she lose her Social Security and can I claim my wife in her place? Answer: Child benefits, which is what your daughter receives, are designed to help the dependent minor children of Social Security recipients who are retired, disabled or deceased. […]